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

ME News update, 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 could surpass those of gold ETFs. Seyffart noted that Bitcoin’s role in investment portfolios is more diversified: it can be viewed 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 single-minded. In terms of fund flows, U.S. gold ETFs have recently seen a pronounced outflow: net outflows were about $2.92 billion in March. In the same period, Bitcoin spot ETFs recorded about $1.32 billion in net inflows, indicating that investor preferences are shifting. Despite the divergence in fund flows, the recent price trends of Bitcoin and gold have moved in tandem. Over the past 30 days, the price of Bitcoin has fallen by about 8.07%, while the price of gold has fallen by about 8.25%. Market views suggest that as investors’ demand for digital-asset allocation increases, Bitcoin ETFs are gradually shifting from “alternative assets” to mainstream allocation tools, and their long-term scale growth potential is being reassessed. (Source: ChainCatcher)