BlackRock’s Bitcoin ETF Surpasses S&P 500 ETF In Revenue As XRP, Dogecoin ETF Approval Predicted To Follow Soon
The momentum behind spot crypto ETFs is accelerating, as inflows and revenues from Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs have outpaced traditional finance benchmarks in 2025.
What Happened: Crypto analyst Altcoin Gordon pointed out that the top 100 U.S. ETFs now manage $5.7 trillion in assets, providing a deep pool of liquidity.
BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) alone has attracted more than $50 billion in inflows since its 2024 debut, and he predicts altcoins are next to tap into this firehose of capital.
Gordon predicts that at least 5 altcoin ETFs will be approved this year sending the crypto coins to newer heights.
According to Bitwise CIO Matt Hougan, Ethereum ETFs pulled in $1.17 billion in June alone.
He expects this to accelerate until the …
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