BREAKING
419d 13h ago

Bitcoin ETFs Surpass Gold ETFs in U.S. Assets Under Management, Marking a Historic Shift

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to recent insights from COINOTAG, as of December 17, Vetle Lunde, the head of research at K33, disclosed a pivotal shift in the financial landscape: the total assets under management for Bitcoin ETFs have reached an impressive $129.3 billion, surpassing the $128.9 billion held by gold ETFs. This milestone signifies a crucial moment in the cryptocurrency sector, reflecting growing institutional interest in digital assets. While gold has historically maintained a robust 20-year first-mover advantage, the rapid adoption of Bitcoin investment vehicles indicates a potential paradigm shift in how investors perceive value storage and investment options. This data underscores the increasing relevance of cryptocurrencies in modern portfolios and may suggest a transformative impact on traditional asset classes.

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