In 2024, Bitcoin and Ethereum-focused ETFs have become increasingly popular among investors, with several of these funds ranking in the top 25 newly launched funds. The approval of the first spot Bitcoin ETFs by the SEC has helped alleviate initial skepticism. Funds like iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund have attracted billions in year-to-date fund flows. Ethereum ETFs have also seen growing demand, although they were approved and began trading later than Bitcoin ETFs. The top Bitcoin ETFs include iShares Bitcoin Trust, Grayscale Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, and ARK 21Shares Bitcoin ETF. The crypto community sees these ETFs as a means to reverse centralization, with Bitcoin gaining more mainstream recognition. Technology funds dominate the ETF sector in terms of assets under management and fund flows, but real estate ETFs lead in terms of returns.
- Content Editor ( cryptopolitan.com )
- 2024-10-04
13 of the top 25 new funds in 2024 are Bitcoin and Ether-focused