Bitcoin surpasses silver to become the second largest ETF commodity category in the United States.

According to a report by The Block on January 18th, Bitfinex's derivatives manager, Jag Kooner, stated that just one week after trading began, the managed assets of the US Bitcoin ETF have surpassed those of the Silver ETF, becoming the second-largest ETF commodity category in the United States. According to data from CC15Capital, the Bitcoin ETF fund for spot trading (including the conversion of Grayscale's GBTC trust) currently holds about 647,651 Bitcoins, with an asset management scale of $27.5 billion.