Bitcoin ETFs Reach New Heights, Surpassing Gold in AUM
December 2024 witnessed a landmark shift in the investment arena as Bitcoin exchange-traded funds (ETFs) surpassed gold ETFs in assets under management in the United States. This remarkable milestone highlights Bitcoin’s growing acceptance in mainstream finance. Notably, Bitcoin ETFs launched only in January 2024, while gold ETFs have existed for over twenty years. This development signifies a robust future for Bitcoin as an investment vehicle and indicates growing institutional interest in the cryptocurrency market.