Bitcoin ETFs Dey Ready to Pass Gold ETFs for AUM
Bitcoin exchange-traded funds (ETFs) dey experience one kain unprecedented growth and dem dey on track to pass gold ETFs in assets under management (AUM) for di first time. For di last one year, AUM for di biggest Bitcoin ETFs don double to $150 billion, meanwhile gold ETFs rise 40% to $180 billion. Three years back, gold ETFs been five times bigger than dem Bitcoin ones. If di current inflow trend continue, Bitcoin ETFs fit pass gold ETFs as early as next year.
ETFs don turn major driver for di crypto bull market. Almost 20% of all crypto liquidity dey flow through ETF products now. BlackRock’s IBIT stand out as di main engine, attracting serious institutional capital despite the low 0.25% fee. For peak days, US spot Bitcoin ETFs dey generate $5–10 billion for trading volume.
Institutional demand dey rise. Analysts from The Kobeissi Letter and PushpendraTech talk say regulated ETF exposure na di preferred gateway for big investors. But still, Binance dey lead for spot trading, handling $10–18 billion daily and controlling 29% market share compared to 13% share of US-based ETFs. Dis historic flip dey show crypto evolution from speculation to mainstream portfolio allocation.
Bullish
Di quick di money wey dey enter Bitcoin ETFs plus how e dey near gold ETFs mean say institutional confidence and liquidity for crypto dey increase. History show say when ETF adoption quick, asset prices dey follow cause demand high and more market access dey. BlackRock’s IBIT big for front and steady daily volume of $5–10 billion show say institutions dey participate strong. For short time, this news fit boost price momentum as traders dey expect more money to come in. For long term, if e pass gold ETFs e go mean say big change don happen to mainstream adoption, market go stable wella and new ways go open for big capital. Similar ETF-driven rallies for 2021 see big price rise, wey show say Bitcoin get better future.