The cryptocurrency market experienced a slight decline over the past 24 hours, with a drop of 4.2%. Total trading volume reached $205 billion, reflecting the broader volatility witnessed across various asset classes. Despite this decrease, the focus shifted towards the growing dominance of ETFs in the US market. Data from Bloomberg reveals that the number of US-listed ETFs has surpassed the number of publicly traded companies, signifying a significant shift in investor preferences. This trend is attributed to the soaring assets under management (AUM) for these funds, which have crossed the $10 trillion mark, raising concerns about potential market distortions and regulatory scrutiny.