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Analyst: Bitcoin spot ETF IBIT significantly outperformed gold ETF GLD
ME News message: On May 13 (UTC+8), Bloomberg senior ETF analyst Eric Balchunas (@EricBalchunas) said in a social media post that since March this year, the Bitcoin spot ETF IBIT has significantly outperformed the gold ETF GLD, leading by 33 percentage points. In terms of capital flows, IBIT recorded a net inflow of $4.2 billion, while GLD saw a net outflow of $9 billion, resulting in a total capital flow gap of as much as $13 billion. (Source: BlockBeats)