Monday, June 9, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US

January 19, 2024
in Bitcoin
Reading Time: 2 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on TwitterShare on E Mail



Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the US, securing their place because the second-largest ETF commodity, by way of belongings underneath administration (AUM). The surge in recognition of Bitcoin ETFs alerts a rising acceptance of BTC as a mainstream funding car.

As reported by The Block, Bitcoin’s ascent to turning into the second-largest ETF commodity within the U.S. marks a big milestone for the Bitcoin market. This achievement is attributed to the rising demand from institutional and retail buyers looking for publicity to BTC.

Silver, which has ~$11.5 billion in AUM throughout 5 silver ETFs, was handed by spot Bitcoin ETFs which now maintain over $28 billion, lower than every week after going dwell.

“Bitcoin ETFs have exceeded silver ETFs within the U.S. by way of measurement, pushed by the substantial market curiosity they’ve obtained,” Bitfinex Head of Derivatives Jag Kooner instructed The Block. “The extent of buying and selling displays the pent-up demand for these merchandise, and we anticipate that it’ll result in elevated liquidity and stability available in the market.”

This improvement is especially noteworthy given silver’s conventional standing as a distinguished commodity funding. The rise of Bitcoin ETFs to the second place underscores Bitcoin’s maturation throughout the monetary markets, gaining credibility and recognition as a formidable funding possibility.

Buyers’ rising urge for food for Bitcoin ETFs displays a broader development of diversification inside portfolios and a recognition of the distinctive worth proposition supplied by BTC. Because the Bitcoin market continues to evolve, the achievement of surpassing silver ETFs solidifies Bitcoin’s place as a serious participant within the world monetary panorama.



Source link

Tags: BitcoinCommodityETFlargestSilverSurpasses
Previous Post

15 Tips for NFT Beginners 🚦

Next Post

$245 Million Whale Wakes Up To Threaten XRP Price Recovery

Related Posts

Blank Pi Network Wallets Spark Outcry—What’s The Network Hiding?
Bitcoin

Blank Pi Network Wallets Spark Outcry—What’s The Network Hiding?

June 8, 2025
Bitcoin Breaks $106K as This Week’s Crypto Rollercoaster Hits Highs and Lows
Bitcoin

Bitcoin Breaks $106K as This Week’s Crypto Rollercoaster Hits Highs and Lows

June 8, 2025
Ethereum Prepares For A Parabolic Move – ETH/BTC Chart Signals Strong Bullish Setup
Bitcoin

Ethereum Prepares For A Parabolic Move – ETH/BTC Chart Signals Strong Bullish Setup

June 8, 2025
Bitcoin Stabilizes at $104,000 Mid-Range as Market Eyes Next Breakout
Bitcoin

Bitcoin Stabilizes at $104,000 Mid-Range as Market Eyes Next Breakout

June 8, 2025
Tim Draper: $250K Bitcoin Coming in 2025, May Go ‘Infinite’ Against Dollar
Bitcoin

Tim Draper: $250K Bitcoin Coming in 2025, May Go ‘Infinite’ Against Dollar

June 8, 2025
Bitcoin Lags Behind Stocks Over The Past 2 Weeks – Temporary Pause Or Trend Shift?
Bitcoin

Bitcoin Lags Behind Stocks Over The Past 2 Weeks – Temporary Pause Or Trend Shift?

June 7, 2025
Next Post
$245 Million Whale Wakes Up To Threaten XRP Price Recovery

$245 Million Whale Wakes Up To Threaten XRP Price Recovery

Why CBDCs Must Be Avoided – Etherplan

Why CBDCs Must Be Avoided – Etherplan

Render Token Price Prediction for Today, January 18 – RNDR Technical Analysis

Render Token Price Prediction for Today, January 18 – RNDR Technical Analysis

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In