United

Bitcoin ETF

Bitcoin

<p>In December 2024, a landmark event shook the investment world: Bitcoin exchange-traded funds (ETF) surpassed gold ETF in assets under management (AUM) in the United States. This achievement is all the more impressive considering that Bitcoin ETF were only launched in January 2024, while gold ETFs have been around for over two decades.</p>
<h2 id="h-the-soaring-growth-of-bitcoin-etf">The Soaring Growth of Bitcoin ETF</h2>
<p>Bitcoin is often referred to as “digital gold” due to its similar properties as a store of value. Unlike gold, which can increase in supply, BTC has a supply cap of 21 million coins, making it particularly attractive during times of inflation. This characteristic, coupled with growing demand, has led to a rapid increase in the assets under management of Bitcoin ETF.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>This rise in power is attributed to several factors. Firstly, the approval of Bitcoin ETF by regulators has paved the way for broader adoption of cryptocurrencies in traditional financial markets. Financial giants like BlackRock and Fidelity have launched their own BTC ETF, bringing credibility and attracting a wide range of investors.</p>
<p><a href="https://x.com/vetlelunde/status/1868965861413048539?s=46&amp;t=zj7ICl0Lw9vdTKh741lFIQ" target="_blank" rel="noopener noreferrer nofollow">The surpassing of gold ETFs by BTC ETF</a> marks a paradigm shift in investor preferences. Young investors, in particular, see Bitcoin as a modern and decentralized alternative to traditional assets. This trend reflects a growing confidence in digital assets and a willingness to diversify investment portfolios.</p>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://bitvavo.com/fr/affiliate/coinmedia?a=_cta" target="_blank" rel="noopener noreferrer nofollow">€20 bonus for registering on Bitvavo</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
</div>
<h2 id="h-future-prospects">Future Prospects</h2>
<p>The future of Bitcoin ETF looks promising. With consistent investment flows and growing institutional demand, BTC ETF may continue to dominate the ETF market. Experts predict that this trend will continue, strengthening BTC’s position as an indispensable asset in the global financial landscape.</p>
<p>In conclusion, the surpassing of gold ETF by Bitcoin ETF is a historic event that highlights the rapid evolution of investor preferences and the growing acceptance of cryptocurrencies in traditional financial markets. This turning point could very well signal the start of a new era for digital investments.</p>

Bitcoin Surpasses Gold: A Historic First for ETFs

Table of Contents

Cointribune EN

Other articles published on Dec 18, 2024

Miles Deutscher Implements Strategic Moves in the Crypto Market

Top Layer 1 Cryptos: Ethereum, BNB, Solana, or BlockDAG?

Ohio Introduces Bitcoin Reserve Bill to Strengthen State Finances

Sonic Labs Launches the Sonic Mainnet: EVM-Compatible, Verifiable 10,000 TPS, and Sub-Second Fina...

Bitwise Launches Solana Staking ETP in Europe Amid US Approval Wait

Zenta-Go | Zentamesh Ensuring Reliable Connectivity

Join our free newsletter for daily crypto updates!