šØ BREAKING!!!
BITCOIN ETFS SURGE TO $10 BILLION IN AUM IN JUST 6 MONTHS
ā¢ BlackRock's iShares IBIT ETF has seen its assets under management (AUM) balloon from $4.2 billion in January 2024 to $9.8 billion in June 2024, marking a 133% increase.
ā¢ Fidelity's FBTC ETF has also seen a significant surge, with its AUM rising from $1.4 billion to $2.8 billion, a 100% increase, over the same period.
ā¢ The rapid growth in AUM has erased the initial $5.8 billion hole left by the initial drop in the first weeks after the SEC approval in January 2024.
ā¢ This surge in demand for Bitcoin ETFs highlights the growing institutional interest in Bitcoin and the increasing adoption of the asset class.
Are you buying in on this trend or watching from the sidelines? š¤
š” Via CoinDesk
š Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH
BITCOIN ETFS SURGE TO $10 BILLION IN AUM IN JUST 6 MONTHS
ā¢ BlackRock's iShares IBIT ETF has seen its assets under management (AUM) balloon from $4.2 billion in January 2024 to $9.8 billion in June 2024, marking a 133% increase.
ā¢ Fidelity's FBTC ETF has also seen a significant surge, with its AUM rising from $1.4 billion to $2.8 billion, a 100% increase, over the same period.
ā¢ The rapid growth in AUM has erased the initial $5.8 billion hole left by the initial drop in the first weeks after the SEC approval in January 2024.
ā¢ This surge in demand for Bitcoin ETFs highlights the growing institutional interest in Bitcoin and the increasing adoption of the asset class.
Are you buying in on this trend or watching from the sidelines? š¤
š” Via CoinDesk
š Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH