Bloomberg analyst: The asset size of the US spot Bitcoin ETF has reached 2/3 of the gold ETF

Bitget2024/11/12 02:50

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Eric Balchunas, a senior ETF analyst at Bloomberg, said on the X platform: "The asset size of the US spot Bitcoin ETF has now reached 84 billion US dollars, equivalent to 2/3 of the gold ETF asset size. Suddenly, they are very likely to surpass gold ETFs before their first anniversary (we previously predicted this would take 3-4 years)."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Bloomberg analyst: The asset size of the US spot Bitcoin ETF has reached 2/3 of the gold ETF

You may also like

Crypto prices