Bitcoin ETFs in the United States have achieved a significant milestone by surpassing gold ETFs in terms of assets under management (AUM). As of December 16, Bitcoin spot and derivative exchange-traded funds (ETFs) collectively managed over $129 billion in net assets. This marks the first time that Bitcoin ETFs have outpaced gold ETFs, highlighting a shift in investor interest and confidence towards Bitcoin as a valuable asset. This development is seen as a historic flip, indicating the growing acceptance of Bitcoin in the mainstream financial markets.
