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

ME News message, on 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 that of gold ETFs. Seyffart noted that Bitcoin’s use in investment portfolios is more diversified: it can be seen as “digital gold” and a store of value, and it also has attributes such as diversified asset allocation, liquid 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. Although fund flows have diverged, the price movements of Bitcoin and gold have recently started to converge. 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 hold that as investors’ demand for digital-asset allocation increases, Bitcoin ETFs are gradually shifting from being “alternative assets” toward mainstream asset-allocation tools, and their long-term scale growth potential is being reassessed. (Source: ChainCatcher)