ETF EFFECT 🌟
Since last year, crypto ETF news has had a certain place in the top financial news. And after several months of languishing, the SEC finally approved #BTC-ETF in January of this year. From this point on, the real race began.
And in September, #ETH-ETF was approved.
Attention to the chart!
As of 09/30/2024, the total AUM (Assets Under Management) in crypto ETFs (at the moment, only $BTC and $ETH have been approved) is almost $ 58 billion.
Over the past 90 days, this figure has risen by as much as $ 10 billion (20%), and over the entire period of existence (almost 7 months already) it has almost doubled.
Not bad, but it's still a start......