Analyst: Bitcoin ETF size is expected to surpass gold ETF, highlighting its investment value

ME News message, April 4 (UTC+8). Bloomberg ETF analyst James Seyffart said that as market demand continues to expand, the future assets under management (AUM) of Bitcoin spot ETFs are likely to surpass those of gold ETFs. Seyffart noted that Bitcoin has more diverse uses in investment portfolios: it can be seen as “digital gold” and a store-of-value tool, and it also has attributes such as diversified asset allocation, liquidity trading, and growth-oriented risk assets, whereas gold’s investment logic is relatively singular. In terms of fund flows, U.S. gold ETFs recently saw a clear outflow, with net outflows of about $2.92 billion in March; in the same period, Bitcoin spot ETFs achieved net inflows of about $1.32 billion, indicating that investor preferences are shifting. Despite the divergence in fund flows, the price trends of Bitcoin and gold have converged recently. Over the past 30 days, Bitcoin’s price fell by about 8.07%, while gold’s price fell by about 8.25%. Market views hold that as investors’ demand for digital-asset allocation increases, Bitcoin ETFs are gradually shifting from “alternative assets” to mainstream asset-allocation tools, and their long-term scale growth potential is being reassessed. (Source: ChainCatcher)