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) for Bitcoin spot ETFs could surpass those of gold ETFs. Seyffart noted that Bitcoin’s use in investment portfolios is more diversified: it can be seen not only as “digital gold” and a store-of-value instrument, but also as having attributes such as diversified asset allocation, liquid trading, and growth-oriented risk assets, whereas gold’s investment logic is relatively single. In terms of fund flows, U.S. gold ETFs have recently seen a clear outflow, with net outflows of about $2.92 billion in March; over the same period, Bitcoin spot ETFs recorded 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 is down about 8.07%, while gold’s price is down about 8.25%. Market views hold that as investors’ demand for digital-asset allocation rises, Bitcoin ETFs are gradually shifting from “alternative assets” to a mainstream asset-allocation tool, and their long-term scale growth potential is being reassessed. (Source: ChainCatcher)