Half of the Top 20 US ETFs Launched in 2024 Are Crypto-Linked
Half of the top 20 exchange-traded funds (ETFs) launched in the United States in 2024 are linked to cryptocurrencies, indicating a significant interest among investors in digital assets. ETF analyst Nate Geraci reported that over 1,300 new ETFs debuted this year, with crypto-linked products leading in inflows. Top performers include BlackRock's iShares Bitcoin Trust ETF, with $57.4 billion in inflows, and Fidelity's Wise Origin Bitcoin Fund, which attracted $12.1 billion. The iShares Ethereum Trust drew $9.6 billion. Besides these, the YieldMax MSTR Option Income Strategy ETF ranked fourth with $7.2 billion in inflows. This trend highlights a growing appetite for regulated cryptocurrency investment, making it easier for traditional investors to engage with digital assets. Additionally, spot Ether ETFs also achieved record inflows, reflecting a bullish turn for Ethereum. These developments underscore the rising mainstream acceptance of cryptocurrencies amongst institutional momentum.
Source đ