Bitcoin ETFs gain traction with $100B in assets, on track to surpass gold by 2025.
Sectors & Industries
December 16, 2024
Bitcoin exceeded $100,000 per coin last week, thanks in large part to President Trump confirming plans for a U.S. Bitcoin strategic reserve which has encouraged many to move their money into Bitcoin ETFs.
Russia appears to be following suit with its own Bitcoin reserve, and the Bitcoin cold war could drive prices of the coin much higher. These Bitcoin ETFs now hold $100 billion in assets. Gold, an asset class represented by ETFs for 20-years, holds about $125 Billion in assets. It's likely Bitcoin will surpass Gold ETFs in AUM in 2025. The laser eyes have won.
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