One Year After Bitcoin ETF Approval Shows $100 Billion in Assets
One year ago, US spot bitcoin ETFs received approval to launch, marking a significant milestone in the cryptocurrency market. Key points from the past year include:
- Bitcoin ETFs accumulated over $100 billion in assets, with net inflows of nearly $38 billion in their first year.
- Bloomberg's James Seyffart noted that the ETFs now hold more than 1.13 million bitcoin.
- The largest bitcoin ETF, BlackRock’s iShares Bitcoin Trust (IBIT), has exceeded $52 billion in assets under management (AUM).
- Predictions for 2025 suggest continued growth, with expectations for bitcoin ETFs to attract more flows than in 2024.
- ETFs are anticipated to grow to three times the size of gold ETFs within three to five years.
- Macroeconomic factors and regulatory developments will significantly influence future bitcoin performance and ETF flows.
Overall, the first year of bitcoin ETFs was marked by higher-than-expected investor interest and significant asset accumulation, setting a precedent for future growth and institutional adoption.