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Bloomberg analyst: The US SpotBTCETF is likely to surpass the Gold ETF on its one-year anniversary.
Golden Finance reported that Eric Balchunas, a senior ETF analyst at Bloomberg, said, “The assets under management of the US SpotBTC ETF have now reached $84 billion, equivalent to two-thirds of the assets under management of gold ETFs. It is very likely that they will surpass gold on their first anniversary (we had expected this to take 3-4 years).”