The scale of Bitcoin spot ETF in the United States has surpassed that of gold ETF

A shocking news is that the scale of Bitcoin spot ETF in the United States has surpassed that of gold ETF, becoming a new focus of investors. According to the analysis of Vetle Lunde, head of research at K33, as of the latest statistics, the assets under management of Bitcoin spot ETFs have reached US$129.3 billion, while the assets under management of gold ETFs are US$128.9 billion. Although gold ETFs have been in the market for 20 years, Bitcoin ETFs have surpassed them in scale in a short period of time, showing the rapid rise of crypto assets and their potential huge potential in the financial market.

This phenomenon not only reflects the market's growing confidence in digital assets, but also indicates that investors are increasingly demanding diversified investment tools beyond traditional assets. Bitcoin, known as "digital gold", is gaining more and more recognition and investment as a tool to hedge against inflation and economic uncertainty.

This shift also marks the maturity of the cryptocurrency market and its enhanced status in the mainstream financial system. Even though gold ETFs have their historical advantages and widespread recognition, the growth rate and scale of Bitcoin ETFs have surpassed those of gold ETFs, indicating investors' interest and confidence in emerging asset classes. The future investment landscape may change even more due to the rise of this emerging asset class.