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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
1.9%! Japan’s July inflation rises to the highest of the year, with energy and fresh food prices accelerating
Energy prices turned positive for the first time since November 2025, as Middle East conflicts have driven crude oil costs beyond the government's subsidy hedging range. Wholesale inflation in July reached 7.2%, with electricity costs being the largest contributor, indicating that energy costs have been accelerating from the production end to consumers. Fresh food prices surged by 7% year-on-year, nearly double the rate of the previous month. The stronger data confirms official warnings and further strengthens market expectations that the Bank of Japan may accelerate the tightening of monetary policy.
US Treasury’s “buy bonds to suppress yields” policy backfires against the dollar? Citi significantly lowers its three-month dollar forecast, says it’s not advisable to go long before the midterm elections
As the market gradually digests expectations of a more dovish stance from the Federal Reserve, factors related to the midterm elections, and news that the U.S. Treasury may increase bond buybacks, Citi's FX strategy team has recently turned bearish on the short-term outlook for the U.S. dollar.
WTI consolidates around $86.00; bulls potential intact amid US-Iran impasse
Crypto prices
More
