Finance

Bitcoin ETF (BTC) AUM Tops Silver, Trails Only Gold Among Commodities

“This was way beyond my short term expectation but is a fantastic validation of bitcoin’s role as a reserve product and of the demand for bitcoin exposure in financial markets,” 21Shares co-founder Ophelia Snyder, who launched one of the ETFs in partnership with Ark Invest, wrote on X (formerly Twitter).

Source link: https://www.coindesk.com/markets/2024/01/18/bitcoin-instantly-topped-silver-in-etf-market-and-trails-only-gold-among-commodities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines by Helene Braun at www.coindesk.com