The asset management scale of Bitcoin has surpassed silver, becoming the second largest ETF commodity category in the United States

2024-01-19 00:00:04

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ChainCatcher news, according to The Block, Bitfinex's derivatives head Jag Kooner stated that just a week after trading began, the managed assets of the U.S. Bitcoin ETF have surpassed those of the silver ETF, making it the second largest ETF commodity category in the U.S.

According to data from CC15Capital, Bitcoin spot ETF funds (including the conversion of Grayscale's GBTC trust) currently hold approximately 647,651 Bitcoins, with assets under management reaching $27.5 billion.

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