U.S. Bitcoin ETFs Surpass $100 Billion in Total Assets Under Management

BY admin user

The total assets under management (AUM) of U.S. Bitcoin exchange-traded funds (ETFs) have exceeded $100 billion, following Bitcoin’s historic surge to $97,000, approaching the psychological $100,000 mark.

Twelve Bitcoin ETFs, including offerings from BlackRock and Fidelity, have reached this milestone just 10 months after their debut in January, making them one of the most successful fund categories ever launched. Institutional data reveals that as Bitcoin hit a record high, Bitcoin ETFs saw net inflows of $773 million on Wednesday.

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