MUSQET on Nostr: In just the first four days of operation, the nine new #BTC ETF providers in the US ...
In just the first four days of operation, the nine new #BTC ETF providers in the US have directed a staggering $3BN in new funds towards Bitcoin. Combined, they are now worth more than the ETFs for silver, and occupy the second spot for the largest commodity ETFs after gold.
This suggests that institutional demand for Bitcoin is potentially enormous, and that Wall St is paying serious attention. Tick tock.
Source: Bloomberg
Published at
2024-01-19 10:58:48Event JSON
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"content": "In just the first four days of operation, the nine new #BTC ETF providers in the US have directed a staggering $3BN in new funds towards Bitcoin. Combined, they are now worth more than the ETFs for silver, and occupy the second spot for the largest commodity ETFs after gold.\n\nThis suggests that institutional demand for Bitcoin is potentially enormous, and that Wall St is paying serious attention. Tick tock.\n\nSource: Bloomberg https://m.primal.net/HYTx.png",
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