Bitcoin ETFs Surpass $27 Billion, Gain Institutional Traction
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Bitcoin exchange-traded funds (ETFs) have amassed over $27 billion in assets, marking a significant milestone as they increasingly become a staple in institutional portfolios. The growing adoption of Bitcoin ETFs is attributed to their appeal as a complementary asset to traditional bonds, offering diversification and potential returns in a volatile market. This trend underscores the rising confidence in cryptocurrency investments among institutional investors.