XRP News Today: Chair Gensler Silent on Crypto Conflict Report; BTC at Sub-$95K
Explore our expert analysis here on the SEC’s next move and its implications for XRP’s future.
Bitcoin Advances as Spot ETF Market Celebrates First Anniversary
Meanwhile, bitcoin (BTC) marked a significant milestone as the US BTC-spot ETF market celebrated its first anniversary. It was an impressive first year, registering a whopping $36 billion in total net inflows.
Bloomberg Intelligence ETF Analyst James Seyffart commented:
“Just how big was the first year for Bitcoin ETFs? Massive.”
Seyffart also shared a list of the largest ETFs one year after launching, saying four BTC-spot ETFs would make the top 20, even if adjusted for inflation. Significantly, BlackRock’s (BLK) iShares Bitcoin Trust (IBIT)…