Loading...
Loading...
Browse all stories on DeepNewz
VisitUS Bitcoin ETFs' size relative to US Gold ETFs by end of 2024
50-60% • 25%
61-70% • 25%
71-80% • 25%
81% and above • 25%
Public financial reports detailing assets under management for US Bitcoin and Gold ETFs
BlackRock's Bitcoin ETF Holds $18B, Ends 71-Day Inflow Streak, Nears GBTC
Apr 25, 2024, 10:50 AM
BlackRock's Bitcoin ETF has recently achieved significant milestones, holding 273,596 BTC worth approximately $18 billion, surpassing MicroStrategy's holdings by 59,350 BTC. The ETF reached the same level of assets under management as the Gold ETF in just 71 days, a feat that took the latter 808 days. However, after a period of consistent inflows, the ETF experienced its first day with $0 inflows, ending a 71-day streak of positive inflows. This shift occurs as the ETF is just 30,000 BTC away from surpassing GBTC's holdings. Meanwhile, overall US Bitcoin ETFs now account for 55.8% of the size of US Gold ETFs, with a total AUM of $58.3 billion. Notably, BlackRock bought 571 BTC yesterday, while 450 Bitcoin are mined per day.
View original story
0-10% • 25%
11-20% • 25%
21-30% • 25%
More than 30% • 25%
Above 500,000 BTC • 25%
Between 400,000 and 500,000 BTC • 25%
Between 300,000 and 400,000 BTC • 25%
Below 300,000 BTC • 25%
Surpass $50 billion • 33%
Between $37 billion and $50 billion • 34%
Remain below $37 billion • 33%
Less than 5% • 33%
5% to 10% • 33%
More than 10% • 34%
Significant increase in ETF assets • 33%
Moderate increase • 33%
No significant change • 34%
Less than $5 billion • 33%
$5 billion to $10 billion • 33%
More than $10 billion • 33%