Bitcoin Surpasses Meta, Claiming 9th Place in Global Asset Rankings

Bitcoin has climbed back into the ranks of the world’s most valuable assets, now holding the 9th spot. This latest surge in Bitcoin’s market cap, driven by investor confidence following Donald Trump’s U.S. presidential election win, pushed its valuation to $1.48 trillion. That puts Bitcoin ahead of Meta, valued at $1.44 trillion.

Bitcoin’s current price sits around $74,900, marking the second time it has overtaken Meta this year. In March, Bitcoin briefly outpaced Meta when it spiked above $73,000. Its ability to reclaim this position highlights Bitcoin’s relevance and its role as a serious competitor among tech giants.

Market Cap Comparisons: Bitcoin, Silver, and Other Giants

The world’s asset rankings are led by gold, with a massive $17.95 trillion market cap, followed by NVIDIA at $3.57 trillion and Apple at $3.36 trillion. Other tech leaders—Microsoft, Amazon, and Alphabet—currently hold positions above Bitcoin. Still, Bitcoin’s market cap now places it close to silver, which sits in 8th place at around $1.75 trillion.

In March 2024, Bitcoin briefly surpassed silver, reaching a market cap of $1.42 trillion and claiming the 8th spot. With Bitcoin’s recent momentum and rising institutional interest, some speculate it may soon challenge silver’s ranking once again.

Institutional Interest and Strong Inflows in Bitcoin ETFs

As Bitcoin strengthens its position among global assets, institutional interest continues to build. Over the past week, Bitcoin exchange-traded funds (ETFs) have seen strong inflows. On November 6, Fidelity’s FBTC led with $308.8 million, followed by Bitwise’s BITB with $100.9 million, and Ark’s ARKB with $127 million. Even Grayscale’s GBTC, which recently saw outflows, gained a modest $30.9 million in inflows.

With total ETF inflows reaching $621.9 million, Bitcoin products are showing increased demand. These patterns suggest growing mainstream adoption. As traditional finance institutions increase their support, Bitcoin’s role as a valuable financial asset appears increasingly secure.