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Analyst: Bitcoin Spot ETF IBIT Significantly Outperforms Gold ETF GLD
On May 13, Bloomberg Senior ETF Analyst Eric Balchunas (@EricBalchunas) posted on social media, stating that since March this year, the Bitcoin Spot ETF IBIT has significantly outperformed the Gold ETF GLD, leading by a margin of 33 percentage points. In terms of capital flows, IBIT recorded a net inflow of $4.2 billion during this period, while GLD experienced a net outflow of $9 billion, resulting in a combined capital flow gap of up to $13 billion.