The total net asset value of 12 spot bitcoin ETFs in the United States has surpassed $100.55 billion. This milestone comes amid bitcoin’s significant rally, highlighting growing investor interest and confidence in bitcoin-related financial products.
The surge in bitcoin’s price has fueled the rapid increase in the assets under management of these ETFs. This development reflects the increasing acceptance and mainstream adoption of cryptocurrencies as a viable asset class.
The record rally in bitcoin emphasizes its potential as an investment vehicle, drawing more market participation and driving the growth of spot bitcoin ETFs.
Quelle: www.theblockcrypto.com ↗
