The iShares Bitcoin ETF, $IBIT, reached $15 billion in assets under management in just 8 weeks, whereas it took the Gold ETF, $GLD, 3 years to achieve the same milestone, according to Zerohedge. The two largest Bitcoin ETFs, $IBIT and $FBTC, held a combined total of 330,000 BTC as of March 13th, which is over five times the amount added by gold miners since inception. Bitcoin ETFs have seen net inflows exceeding $11 billion since their inception.
The iShares Bitcoin ETF, $IBIT, reached $15 billion in assets under management in just 8 weeks, whereas it took the Gold ETF, $GLD, 3 years to achieve the same milestone, according to Zerohedge.
The two largest Bitcoin ETFs, $IBIT and $FBTC, held a combined total of 330,000 BTC as of March 13th, which is over five times the amount added by gold miners since inception.
Bitcoin ETFs have seen net inflows exceeding $11 billion since their inception.
#wcse #wcsera #Bitcoin #Ethereum #CryptocurrencyTrading #Trading #Altcoins #Investing #CryptoNews #Market #CryptoCommunity
The two largest Bitcoin ETFs, $IBIT and $FBTC, held a combined total of 330,000 BTC as of March 13th, which is over five times the amount added by gold miners since inception.
Bitcoin ETFs have seen net inflows exceeding $11 billion since their inception.
#wcse #wcsera #Bitcoin #Ethereum #CryptocurrencyTrading #Trading #Altcoins #Investing #CryptoNews #Market #CryptoCommunity
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