Bitcoin ETF Sees Soaring 2024 Inflows of $36.8 Billion, Outpacing Gold ETF by 81 Times
The post Bitcoin ETF Sees Soaring 2024 Inflows of $36.8 Billion, Outpacing Gold ETF by 81 Times appeared on BitcoinEthereumNews.com.
According to recent insights from BitcoinNews, the trends in cryptocurrency investments continue to demonstrate a significant shift towards digital assets. As of December 29th, 2024, the net inflows for Gold ETFs amounted to a modest 454 million US dollars. In stark contrast, the Bitcoin ETF industry experienced a staggering net inflow of 36.8 billion US dollars, highlighting a substantial increased interest among investors—specifically, an impressive 81-fold growth compared to its gold counterpart. This discrepancy in investment flows underscores evolving investor sentiment and the growing acceptance of cryptocurrencies as a viable asset class. These figures not only reflect the maturation of Bitcoin as a financial instrument, but they also signal a broader transition of capital from traditional assets to the burgeoning realm of digital investments. Source: https://en.coinotag.com/breakingnews/bitcoin-etf-sees-soaring-2024-inflows-of-36-8-billion-outpacing-gold-etf-by-81-times/
Filed under: News - @ December 29, 2024 2:34 am