The Bitcoin spot ETF with the smallest asset management scale ranks 16th among 108 ETFs listed in the United States in 2024
BlockBeats news, on March 13, Bloomberg ETF analyst Eric Balchunas posted data on social media saying that he currently believes that 10 Bitcoin spot ETFs will remain. Even BTCW, the smallest asset management scale, currently has $74 million. Of the 108 new ETFs listed in the U.S. so far in 2024, BTCW ranks 16th in assets under management. (Top 15%). BlockBeats previously reported that Grayscale CEO Michael Sonnenshein said in January that most of the approved spot Bitcoin ETFs would not survive. The reason other ETFs have lower fees compared to GBTC is that these products have “no track record” and issuers try to attract investors through fee incentives. So two or three of the spot Bitcoin ETFs "may gain some asset size," but others may exit the market.
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