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U.S. Bitcoin ETFs Surpass $100 Billion in Total Assets Under Management

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The total assets under management (AUM) of U.S. Bitcoin exchange-traded funds (ETFs) have exceeded $100 billion, following Bitcoin’s historic surge to $97,000, approaching the psychological $100,000 mark.

Twelve Bitcoin ETFs, including offerings from BlackRock and Fidelity, have reached this milestone just 10 months after their debut in January, making them one of the most successful fund categories ever launched. Institutional data reveals that as Bitcoin hit a record high, Bitcoin ETFs saw net inflows of $773 million on Wednesday.

Disclaimer: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.

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