![Bitcoin ETF (BTC) AUM Tops Silver, Trails Only Gold Among New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.](https://btcusa.com/wp-content/uploads/2024/01/Bitcoin-ETF-BTC-AUM-Tops-Silver-Trails-Only-Gold-Among-678x381.png)
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“This was way beyond my short term expectation but is a fantastic validation of bitcoin’s role as a reserve product and of the demand for bitcoin exposure in financial markets,” 21Shares co-founder Ophelia Snyder, who launched one of the ETFs in partnership with Ark Invest, wrote on X (formerly Twitter).
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