Bitcoin ETFs on track to overtake gold ETFs within 2 months

As of Nov. 11, US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs) held $84 billion, equating to roughly 66% of gold ETFs’ total assets under management (AUM). According to senior Bloom...

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Bitcoin ETFs on track to overtake gold ETFs within 2 months

Source: CryptoSlate

As of Nov. 11, US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs) held $84 billion, equating to roughly 66% of gold ETFs’ total assets under management (AUM). According to senior Bloomberg ETF analyst Eric Balchunas, spot Bitcoin ETFs’ current growth trajectory is on track to fully overtake the AUM of gold ETFs in the next two months. […]