Bitcoin ETFs to Surpass Gold ETFs by Year-End? $100B AUM Milestone Reached . . . Spot Bitcoin ETFs have grown to over $100 billion in assets under management (AUM) in just one year.
The rapid growth has led to speculation that Bitcoin ETFs could surpass Gold ETFs by the end of the year with strong inflows and rising Bitcoin prices.
Gold ETFs reached $271B in AUM by Q3 2024 according to the World Gold Council. But Gold ETFs saw outflows in November and December for the first time in 6 months, closing the gap with Bitcoin ETFs. BlackRock’s iShares Bitcoin Trust (IBIT) has been the big driver, with over $4B in inflows since Thanksgiving, making it the 2nd best ETF launch of 2024.
Crypto expert Nate Geraci said Bitcoin ETF growth is a big deal, it’s done in one year what Gold ETFs did in 20 years. The trajectory will depend on how Bitcoin and gold perform in the coming weeks. . . . Supply Squeeze Could Propel Bitcoin Prices
Bitcoin is also facing a supply squeeze as demand from ETFs and institutions continues to rise. 10x Research says a net 124,000 Bitcoins left major exchanges like Coinbase, Binance and OKX in the last month, that’s less liquidity. With ETF inflows so strong, that’s a lot of upward pressure.
And MicroStrategy and other institutions are buying more Bitcoin, less supply. Analysts say gamma squeeze is possible as options on Bitcoin ETFs increase demand and price..
Key factors fueling this trend include:
Institutional Confidence: BlackRock’s entry and success in the market have legitimized Bitcoin ETFs.
Declining Gold Interest: Outflows from Gold ETFs signal a potential shift in investor preference.
Price Momentum: Bitcoin’s 2% rise to $101,953, with a market cap surpassing $2 trillion, has further boosted interest. $BTC $ETH $BNB
Movement Price Prediction Movement (MOVE) Price Prediction
How much will Movement (MOVE) be worth in 2025, 2026, 2027, up to 2030? Check out other opinions on price targets and project confidence levels — known as a Consensus Rating — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.Ready to buy MOVE? Binance accepts a wide range of currencies, making it easy for you to buy crypto using USD, EUR, CNY, AUD, INR, and other fiat currencies. Here are the buying guides for all available tokens on Binance. Daily Movement (MOVE) Price Prediction For Today, Tomorrow, this Week, and Next 30 Days Year Price Dec 14, 2024 $ 0.645302 Dec 15, 2024 $ 0.645389 Dec 21, 2024 $ 0.645906 Jan 13, 2025 $ 0.647895