Bitcoin ETF AUM Will Surpass Gold ETF By Year-End, Says Expert

Quick Summary:

Last week, the total assets under management for the Bitcoin exchange-traded fund (ETF) crossed $100 billion with market analysts expecting it to overtake Gold ETF by the year-end.

Spot Bitcoin ETFs have witnessed heavy inflows over the past two weeks with BlackRock’s IBIT taking the lead.

As of press time, the Bitcoin price is trading 2% up at $101,953 with its market cap crossing $2 trillion.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Bitcoin (BTC) Price Bitcoin ETF inflows Bitcoin ETF Gold ETF 24/7 Cryptocurrency News Spot Bitcoin ETF Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 07:09:21 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24405466

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 13 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions