Bitcoin ETFs have gained significant traction since their launch in January 2024, accumulating $23.89 billion in inflows and $70 billion in total net assets. This accounts for more than 50% of the assets held by gold ETFs, which have been around for two decades. The increasing interest in Bitcoin ETFs reflects the growing mainstream interest in digital assets, with daily inflows ranging from $192 million to $893 million. Bitcoin is being compared to gold as a safe haven asset due to its finite supply and independence from traditional financial systems. Bitcoin has outperformed gold in 2024, with a 65% increase in value compared to a 16% increase for gold. Despite some recent volatility, experts predict that Bitcoin will finish the year on a strong note.



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