Bitcoin ETFs Dominate Market, Surpassing Futures and ETPs
Spot bitcoin ETFs now dominate the market with nearly 90% of the daily trading volume, surpassing bitcoin futures ETFs, which hold only around 10%. The strong preference for direct exposure to bitcoin via ETFs over products based on bitcoin futures contracts is evident in the trading volume, with spot bitcoin ETFs reaching a total of $113.5 billion since their launch. Analysts anticipate a surge in popularity for spot bitcoin ETFs among retail investors, with institutional investors potentially transitioning from futures-based ETFs to spot bitcoin ETFs. The current 90% daily volume market share of spot bitcoin ETFs aligns with this prediction, as the price of bitcoin continues to surge, attracting more money into spot bitcoin ETFs.
- Spot bitcoin ETFs capture 90% of market share, leaving futures ETFs in the dust The Block
- Ranked: The Largest Bitcoin ETFs in the U.S. Visual Capitalist
- How Bitcoin Made a Believer Out of BlackRock The Wall Street Journal
- ETFs have brought big price swings back to bitcoin but could still help dampen volatility in the long term CNBC
- Bitcoin surges after crypto ETPs notch record $2.7B weekly inflows Cointelegraph
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