{"id":17655,"date":"2024-01-18T22:32:21","date_gmt":"2024-01-19T03:32:21","guid":{"rendered":"https:\/\/demo2.dedicatedhost247.com\/crypto\/bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us\/"},"modified":"2024-01-18T22:32:21","modified_gmt":"2024-01-19T03:32:21","slug":"bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us","status":"publish","type":"post","link":"https:\/\/demo2.dedicatedhost247.com\/crypto\/bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us\/","title":{"rendered":"Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US"},"content":{"rendered":"<p> <br \/>\n<br \/><img src=\"http:\/\/bitcoinmagazine.com\/.image\/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200\/MjAzNzIxNzM5MDMxNTUzOTM4\/leonardo_diffusion_xl_bitcoin_surpassing_silver_0.jpg\" \/><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/guides\/best-bitcoin-only-exchanges\">Bitcoin exchange<\/a>-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity,&nbsp;in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a growing acceptance of BTC as a mainstream investment vehicle.<\/p>\n<div>\n<blockquote class=\"twitter-tweet\"><p><a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1748048852198768725\"><\/a><\/p><\/blockquote>\n<\/div>\n<p>As <a href=\"https:\/\/www.theblock.co\/post\/273317\/bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us\">reported<\/a> by The Block, Bitcoin&#8217;s ascent to becoming the second-largest ETF commodity in the U.S. marks a significant milestone for the Bitcoin market. This achievement is attributed to the increasing demand from institutional and retail investors seeking exposure to BTC.<\/p>\n<p>Silver, which has ~$11.5 billion in AUM across five silver ETFs, was passed by spot Bitcoin ETFs which now hold over $28 billion, less than a week after going live.<\/p>\n<div>\n<blockquote class=\"twitter-tweet\"><p><a href=\"https:\/\/twitter.com\/Capital15C\/status\/1747986959622934561\"><\/a><\/p><\/blockquote>\n<\/div>\n<p>&#8220;Bitcoin&nbsp;ETFs have exceeded silver ETFs in the U.S. in terms of size, driven by the substantial market interest they have received,&#8221; Bitfinex Head of Derivatives Jag Kooner <a href=\"https:\/\/www.theblock.co\/post\/273317\/bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us\">told<\/a> The Block.&nbsp;&#8220;The level of trading reflects the pent-up demand for these products, and we expect that it will lead to increased liquidity and stability in the market.&#8221;<\/p>\n<p>This development is particularly noteworthy given silver&#8217;s traditional status as a prominent commodity investment. The rise of Bitcoin ETFs to the second position underscores Bitcoin&#8217;s maturation within the financial markets, gaining credibility and recognition as a formidable investment option.<\/p>\n<p>Investors&#8217; growing appetite for Bitcoin ETFs reflects a broader trend of diversification within portfolios and a recognition of the unique value proposition offered by BTC. As the Bitcoin market continues to evolve, the achievement of surpassing silver ETFs solidifies Bitcoin&#8217;s position as a major player in the global financial landscape.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity,&nbsp;in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a growing acceptance of BTC as a mainstream investment vehicle. As reported by The Block, Bitcoin&#8217;s ascent to becoming the second-largest ETF commodity in the U.S. marks a significant milestone for the Bitcoin market. This achievement is attributed to the increasing demand from institutional and retail investors seeking exposure to BTC. Silver, which has ~$11.5 billion&hellip;<\/p>\n","protected":false},"author":1,"featured_media":17656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[30],"tags":[45,4807,533,763,6353,84],"_links":{"self":[{"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/posts\/17655"}],"collection":[{"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/comments?post=17655"}],"version-history":[{"count":0,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/posts\/17655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/media\/17656"}],"wp:attachment":[{"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/media?parent=17655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/categories?post=17655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/tags?post=17655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}