To put the ETF numbers into context, the Broad Diversified asset class, previously ranked second by assets under management (AUM), provides $12,826 billion across 22 ETFs. Silver follows in third place with $11.546 billion across five ETFs, according to etfdb com.

The SEC's implicit recognition of Bitcoin as a commodity demonstrates a remarkable evolution in the perception and integration of digital assets into the financial mainstream. Although Bitcoin is not currently present in the ETF list below, it would rank second if added in the future.

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