Bitcoin ETFs Are Booming—But Self-Custody Growth Just Broke 15-Year Streak

Description

The US-based spot Bitcoin ETFs (exchange-traded funds) have continued to soar after they started trading in January 2024, breaking and setting records in the global ETF market. Recently, BlackRock’s iShares Bitcoin Trust (with the ticker IBIT) became the fastest ETF to hit $80 billion in assets under management. Unsurprisingly, the growing popularity and acceptance of Bitcoin ETFs appear to be shifting the crypto investment landscape. As recently revealed by a prominent analyst on the social med...