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    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

    Market Trends & Social Media Insights – October 12, 2024 18:28

    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

    Market Signals: Insights from Financial Data & Social Media Trends – 12.10.2024 16:28

    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

    Stock Market Update: Insights on D-Mart’s Revenue Boost – 12.10.2024 14:28

    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

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    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

    Bitcoin Whale Sells $46 Million Amid Price Drop

    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

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    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

    Market Trends & Social Media Insights – October 12, 2024 18:28

    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

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    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

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    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

    Bitcoin Whale Sells $46 Million Amid Price Drop

    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

    Lunex Network Gains, Dogecoin and Shiba Inu Eyed

    Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle

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Home Cryptocurrency Bitcoin

Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg

Substantial inflows into global bitcoin exchange-traded products, including recently approved US ETFs, pose a long-term threat to gold's position as the world's primary store of value, according to an analyst. Bitcoin's ETP and ETF market cap could potentially surpass that of gold in the next two years due to price appreciation.

by John Darbie
Mon, Feb 19, 2024 10:04pm
in Bitcoin
• 2 mins read
14.8k
Bitcoin Spot ETF Inflows Outpace Gold-Backed Funds Bloomberg | FinOracle
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Bitcoin Spot ETF Inflows Rise as Gold-Backed Funds See Outflows

Bitcoin spot exchange-traded funds (ETFs) have witnessed a surge in inflows, leading to concerns that the world’s most valuable cryptocurrency could overtake gold as the primary store-of-value. Analysts have emphasized the growing significance of these new ETF flows for bitcoin’s overall performance.

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