5 Crypto ETF Charts We Thought You'd Like this Month
Crypto exchange-traded products (ETPs) have become significant players in bitcoin ownership, currently holding 1.47 million coins, which is about 7% of the total supply. Following public companies and governments, BlackRock's iShares IBIT ETF leads with 749,000 coins. A recent survey indicated that more than half of over 600 professional investors plan to increase their crypto ETF allocations, reflecting a growing acceptance of these products in institutional portfolios. Additionally, cryptocurrency ETFs have seen substantial net inflows, with the U.S. ETFs ranking 8th in net inflows over the past year. Meanwhile, XRP and Solana ETFs are set to debut, pending SEC approval. This trend underscores a shift in investor preferences, as they increasingly diversify into crypto assets alongside traditional ones, such as gold, which still holds nearly $400 billion in ETP assets. Overall, the rise of crypto ETFs illustrates their integration into mainstream finance, paving the way for new investment strategies.
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