Bitcoin ETFs Shine Bright: Surpass Silver as Second-Largest Commodity ETF in the U.S

With the recent approval from the U.S. Securities and Exchange Commission, Bitcoin ETFs instantly surpassed silver ETFs in terms of assets, placing them second only to gold among commodity-focused U.S. ETFs. The conversion of the Grayscale Bitcoin Trust into an ETF led to an immediate influx of nearly $30 billion in bitcoin ETF assets, while silver ETFs collectively hold around $11 billion. Gold remains the most popular commodity, with approximately $95 billion in assets. The launch of Bitcoin ETFs earlier this month garnered substantial interest, attracting approximately $894 million in net inflows within the first three days of trading, highlighting the strong demand for Bitcoin exposure in financial markets and validating its role as a reserve product.