Four Bitcoin ETFs secure top spots in Bloomberg’s global ETF asset race

exchange68September 11, 2024

0 0 2 minutes read

In the buzzing world of financiers and digital assets, four Bitcoin ETFs have sprinted to the forefront, according to a new chart compiled by Bloomberg’s Eric Balchunas. From a massive pool of over 11,000 ETFs worldwide, these digital currency champions are turning heads by securing spots among the top 30 for assets gathered in their debut 50 days. Notably, BlackRock’s IBIT and Fidelity’s FBTC are gaining attention, with Bitwise’s BITB even surpassing the gold standard, GLD ETF. But the question that’s sparking intense curiosity in the investment world is, how did these Bitcoin ETFs manage to disrupt the traditional ETF landscape so drastically? Moreover, what does this signal about the future trajectory of cryptocurrency investments? Unlock the full analysis behind these pivotal developments in CryptoSlate’s exclusive Alpha content.

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