Cryptocurrency-related exchange-traded funds (ETFs) now make up almost 40% of the top 50 best-performing ETFs launched in 2024.<\/p>\n
The surge is an indicator of the growing interest in digital assets, positioning such products as key parts of the investment space.<\/p>\n
According to data shared by ETF expert Nate Geraci in a November 12 post<\/a> on X, 19 out of 610 funds launched this year are directly tied to Bitcoin (BTC), Ethereum (ETH), or companies like MicroStrategy that boast huge crypto holdings. This impressive count includes 12 of the top 20 products, with those crypto ETFs pulling in billions of dollars.<\/p>\n Leading the pack, BlackRock\u2019s<\/a> iShares Bitcoin Trust (IBIT) registered an eye-watering $24.7 billion in year-to-date (YTD) inflows. It was followed by Fidelity\u2019s Wise Origin Bitcoin Fund (FBTC) in second place and the ARK 21Shares ARKB fund in third. FBTC had a net YTD of $10.75 billion, with ARKB attaining a more modest $2.6 billion.<\/p>\n The first non-crypto fund was the fourth-placed PGIM Ultra Short Municipal Bond ETF, which has attracted nearly $2.47 billion in year-to-date flows.<\/p>\n Bitwise\u2019s BITB rounds the top five best-performing ETFs, having managed inflows north of $2.3 billion since the beginning of the year. It is followed in sixth place by the first Ethereum ETF <\/a>on the list, BlackRock\u2019s iShares Ethereum Trust (ETHA), which has accumulated more than $1.4 billion worth of deposits since its launch in July.<\/p>\n Four other ETH-based exchange-traded funds are in the top 50, reflecting the asset\u2019s steady appeal to investors despite the products\u2019 relatively recent entry into the market. They include the 17th-placed Fidelity Ethereum Trust (FETH), Bitwise\u2019s ETHW, which ranks #29 on the list, and Grayscale\u2019s Ethereum Mini Trust ETF (ETH), which occupies the 31st spot. Altogether, these products have registered flows exceeding $2.8 billion so far.<\/p>\n The overall value of crypto-related ETFs has also been bolstered by several MicroStrategy-linked funds, including the YieldMax MSTR Option Income Strategy with more than $750 million on its books, and the T-Rex 2X Long MSTR Daily Target ETF, valued at more than $534 million.<\/p>\n MicroStrategy is the world\u2019s largest corporate holder<\/a> of Bitcoin, with more than 279,000 BTC, currently worth about $24 billion.<\/p>\n Beyond the big names, smaller but impactful ETFs like the VanEck Bitcoin ETF (HODL), the ProShares Ultra Bitcoin ETF (BITU), and the Coinshares Valkyrie offering, BRRR, have also gained traction. They have drawn $710 million, $696 million, and $551 million, respectively, performing better than many mainstream financial products, including Vanguard\u2019s California Tax-Exempt Bond fund.<\/p>\n The post Almost 40% of This Year\u2019s Top 50 ETFs Are Focused on Cryptocurrency<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Cryptocurrency-related exchange-traded funds (ETFs) now make up almost 40% of the top 50 best-performing ETFs launched in 2024. The surge is an indicator of the growing interest in digital assets, positioning such products as key parts of the investment space. Crypto ETFs Leading the Charge According to data shared by ETF expert Nate Geraci in […]<\/p>\n","protected":false},"author":0,"featured_media":20353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20352"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20352"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/20353"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}MicroStrategy Making Inroads in ETF Offerings<\/h2>\n