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“If we look at demand generally since the ETFs have launched, it has created tremendous supply shock already,” said Brian Dixon, CEO of investment firm Off the Chain Capital. “Once the halving occurs, and that supply is further reduced, it’s only logical to think that the price will appreciate.” Source link
The No. 1 fund based on 2024 inflows is Vanguard’s S&P 500 ETF (VOO), which has attracted over $24 billion from investors. IBIT is in third place with $12.5 billion, behind the iShares Core S&P 500 ETF (IVV), which has seen just over $15 billion of inflows this year. Source link
The ten spot bitcoin ETFs have arguably had one of the most successful launches in history with trading volume and inflows reaching new highs this week, but Bitwise Chief Investment Officer Matt Hougan expects even more demand is on the way. Source link