U.S. Bitcoin ETFs reach $100 billion in net assets

(Eric Balchunas on X: "Speaking of "100" milestones, the US bitcoin ETFs hit $100b in assets (altho more like $104b given the price surge overnight) w/ YTD flows flirting with $30b (double our estimate). They're now 97% of way to passing Satoshi as biggest holder and 82% of way to passing gold ETFs. 

U.S. Bitcoin ETFs have reached a significant milestone, surpassing $100 billion in net assets for the first time on November 21, 2024.

This achievement comes as Bitcoin ETFs continue to attract substantial investor interest, with BlackRock's iShares Bitcoin Trust (IBIT) leading the pack at $45.4 billion in assets, followed by Grayscale's GBTC at $20.6 billion.

The rapid growth of these ETFs reflects the increasing acceptance and adoption of Bitcoin as an investment asset.