![Spot-Bitcoin-BTC-ETF-is-a-Buy-the-News-Event.jpg Helene Braun](https://cryptotoptrends.com/wp-content/uploads/2023/11/Spot-Bitcoin-BTC-ETF-is-a-Buy-the-News-Event-678x381.jpg)
In just a month, the bitcoin funds ex-GBTC have accumulated over $11 billion worth of bitcoin, with three of the ETFs – BlackRock’s IBIT, Fidelity’s FBTC and Ark 21’s ARKB – topping the $1 billion mark in assets under management. In fact, as of the end of Monday, IBIT was nearing $5 billion in AUM and FBTC was just shy of $4 billion.
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