Bitcoin ETFs are attracting significant institutional investment, with assets under management exceeding $121.83 billion and surpassing 88% of the AUM of US-listed Gold ETFs. Bitcoin's price remains stable above $106,000, supported by bullish sentiment from derivatives traders and a steady inflow of capital. Analysts predict a potential rally to $200,000 by mid-2025.
Bitcoin (BTC) held steady above $106,000 on Tuesday as BTC dominance rose. The largest cryptocurrency has observed a steady inflow of capital from institutional investors to US spot ETFs. Data from Farside investors shows that Bitcoin spot ETFs recorded $2.167 billion in inflows last week. The assets under management ( AUM ) for the 12 Bitcoin Spot ETFs stand at 88% of the AUM of the Gold ETFs traded in the US as of Tuesday. Bitcoin vs.
Gold: Institutions throw their weight behind ‘digital gold’ Institutional investors poured over $2.167 billion in capital in US Bitcoin spot ETFs last week, between December 9 and 13, according to Farside Investors. Per Bitbo, the 12 Spot Bitcoin ETFs currently hold over 1.135 million BTC tokens worth $121.83 billion. The 12 Spot Bitcoin ETFs hold over 5% of Bitcoin’s 21 million token supply. ETF.com shows that Gold ETFs traded in the US market have over $138 billion in AUM. Bitcoin ETFs stand at 88% compared to Gold ETFs, fueling the “digital gold” narrative for BTC. Bitcoin traders are bullish on BTC, while the token trades above $106,000 Bitcoin’s daily price chart shows that BTC is holding steady above its support zone between $102,650 and $103,333. Derivatives traders maintain a bullish bias on Bitcoin, according to Coinglass data. The long/short ratio on Binance exceeds one, signaling there is a higher frequency of long positions compared to short ones on the derivatives exchange. Bitcoin hit its new all-time high at $108,353 on Tuesday. Key technical indicator Moving Average Convergence Divergence (MACD) supports a thesis of further gains in BTC pric
Bitcoin Etfs AUM Gold Institutional Investment BTC Dominance Price Prediction Derivatives Trading Bullish Sentiment
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