Analysis: Compared with the most popular gold ETF, the asset management scale of Bitcoin ETF can triple again

2024-08-22 04:20

Odaily News Lin Chen, head of Asia Pacific business at Deribit, said in a post on X: "The overall inflow of ETFs this year is very good. IBIT (Blackrock's Bitcoin spot ETF) ranks third with a net inflow of $20 billion this year. The most popular gold ETF is GLD, with a current asset management volume of $68.88 billion. In other words, compared with the most popular gold ETF, BTC's ETF asset management can triple again."

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