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Bloomberg analyst: US spot bitcoin ETF likely to surpass gold ETF on first anniversary

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2024-11-12 06:27:27
Eric Balchunas, senior ETF analyst at Bloomberg, said: "US spot Bitcoin ETFs are now at $84 billion, which is two-thirds the size of gold ETFs, and they are likely to overtake gold by their first anniversary (which we had expected to take three to four years)."