Bitcoin ETFs' First Month Is in the Books: How It Went and What Comes Next

Bitcoin ETFs’ First Month Is in the Books: How It Went and What Comes Next


The first month of spot bitcoin exchange-traded funds (ETFs) saw daily net inflows of about $125 million per day. Even though Grayscale’s Bitcoin Trust (GBTC) has seen heavy outflows, it’s still a major player among the new products. U.S. wealth managers and Registered Investment Advisors (RIAs) are yet to come in, but it could happen sooner than expected.

Excitement was high about one month ago, when TradFi finally got the regulatory go-ahead to launch an entirely new investment vehicle for crypto.

The process of bringing to the U.S. market a spot bitcoin ETF took more than a decade, but on Jan. 11,

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