{"id":2583,"date":"2024-01-18T19:57:58","date_gmt":"2024-01-18T19:57:58","guid":{"rendered":"http:\/\/ci02d3c3a620002792"},"modified":"2024-01-18T19:57:58","modified_gmt":"2024-01-18T19:57:58","slug":"bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us","title":{"rendered":"Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity,&nbsp;in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a growing acceptance of BTC as a mainstream investment vehicle.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Bitcoin<\/a> ETFs surpass silver ETFs in the U.S. to become second largest ETF commodity by AUM \ud83c\uddfa\ud83c\uddf8<\/p>\n<p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1748048852198768725?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 18, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As <a href=\"https:\/\/www.theblock.co\/post\/273317\/bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us\" target=\"_blank\" rel=\"noopener\">reported<\/a> by The Block, Bitcoin&#8217;s ascent to becoming the second-largest ETF commodity in the U.S. marks a significant milestone for the Bitcoin market. This achievement is attributed to the increasing demand from institutional and retail investors seeking exposure to BTC.<\/p>\n<p>Silver, which has ~$11.5 billion in AUM across five silver ETFs, was passed by spot Bitcoin ETFs which now hold over $28 billion, less than a week after going live.<\/p>\n<p><a href=\"https:\/\/twitter.com\/Capital15C\/status\/1747986959622934561\" target=\"_blank\" rel=\"noopener\">https:\/\/twitter.com\/Capital15C\/status\/1747986959622934561<\/a><\/p>\n<p>&#8220;Bitcoin&nbsp;ETFs have exceeded silver ETFs in the U.S. in terms of size, driven by the substantial market interest they have received,&#8221; Bitfinex Head of Derivatives Jag Kooner <a href=\"https:\/\/www.theblock.co\/post\/273317\/bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us\" target=\"_blank\" rel=\"noopener\">told<\/a> The Block.&nbsp;&#8220;The level of trading reflects the pent-up demand for these products, and we expect that it will lead to increased liquidity and stability in the market.&#8221;<\/p>\n<p>This development is particularly noteworthy given silver&#8217;s traditional status as a prominent commodity investment. The rise of Bitcoin ETFs to the second position underscores Bitcoin&#8217;s maturation within the financial markets, gaining credibility and recognition as a formidable investment option.<\/p>\n<p>Investors&#8217; growing appetite for Bitcoin ETFs reflects a broader trend of diversification within portfolios and a recognition of the unique value proposition offered by BTC. As the Bitcoin market continues to evolve, the achievement of surpassing silver ETFs solidifies Bitcoin&#8217;s position as a major player in the global financial landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Less than a week after launch, Bitcoin ETFs surpass silver ETFs in assets under management.<\/p>\n","protected":false},"author":2511,"featured_media":2584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[76,148,93,1016,520],"class_list":{"0":"post-2583","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-bitcoin","9":"tag-etfs","10":"tag-news","11":"tag-silver","12":"tag-us"},"author_data":{"id":2511,"name":"Nik","nicename":"nik","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/03\/NIK_.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/leonardo_diffusion_xl_bitcoin_surpassing_silver_0.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/2583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2511"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=2583"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/2583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/2584"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=2583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=2583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=2583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}