With the recent approval from the U.S. Securities and Exchange Commission, Bitcoin ETFs instantly surpassed silver ETFs in terms of assets, placing them second only to gold among commodity-focused U.S. ETFs. The conversion of the Grayscale Bitcoin Trust into an ETF led to an immediate influx of nearly $30 billion in bitcoin ETF assets, while silver ETFs collectively hold around $11 billion. Gold remains the most popular commodity, with approximately $95 billion in assets. The launch of Bitcoin ETFs earlier this month garnered substantial interest, attracting approximately $894 million in net inflows within the first three days of trading, highlighting the strong demand for Bitcoin exposure in financial markets and validating its role as a reserve product.