Bitcoin ETFs in the U.S. have set a record by surpassing $100 billion.

Bitcoin exchange-traded funds (ETFs) traded in the United States have reached a significant milestone, surpassing the $100 billion asset threshold. Thanks to the crypto-friendly policies of the new U.S. President Donald Trump, investor interest has increased, and Bitcoin ETFs are rapidly advancing towards surpassing gold ETFs. BlackRock and Fidelity, which have held the lead since January, continue to make waves in the markets.

Bitcoin ETFs Continue to Break Records and Gain Investor Confidence

Bitcoin exchange-traded funds traded in the U.S. have achieved a significant success. For the first time, the total asset value of Bitcoin ETFs exceeded $100 billion during the day, currently reaching a size of $104 billion.

This rapid growth following the launch of spot Bitcoin ETFs in January gained further momentum with Donald Trump's election victory on November 5. Industry experts predict that Bitcoin ETFs could surpass gold ETFs, which manage $120 billion in assets, in the near future.

Experienced ETF analyst Eric Balchunas stated in his assessment on the social media platform X (formerly known as Twitter) that Bitcoin ETFs have made 82% progress towards their goal of catching up with gold ETFs and have shown 97% progress towards becoming the largest asset holder in the market.

BlackRock's iShares Bitcoin Trust (IBIT), one of the leading institutions in the market, has been sitting in the leadership seat with a net fund inflow of $30 billion since January. Fidelity Wise Origin Bitcoin Fund (FBTC) has also attracted attention with over $11 billion in fund inflow this year.

The rise seen in the cryptocurrency markets following Trump's election victory has significantly increased investor interest. According to market data, Bitcoin's spot price reached a new record of $98,370.3 today. This represents an approximate 120% increase in value since the beginning of 2024.

According to Farside's data, IBIT captured a strong fund inflow of $1.1 billion after experiencing an outflow of $113.3 million on November 7. MV Global expects Bitcoin's price to reach a peak between $100,000 and $150,000.

In JPMorgan's analysis dated October 3, it was emphasized that due to increasing geopolitical tensions, investors have turned to gold and Bitcoin as part of a "value loss trading" strategy. This approach reflects a search for protection against potential economic crisis scenarios.