Analyst: Bitcoin ETF size "will surpass" gold ETF

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Golden Finance News reported that on April 4, Bloomberg ETF analyst James Seyffart said that as investor demand goes beyond the narrative of traditional “digital gold,” the assets under management (AUM) of spot Bitcoin exchange-traded funds (ETFs) are expected to surpass those of gold ETFs.
In the Coin Stories podcast posted on YouTube on Friday, Seyffart said, “There are more reasons to include Bitcoin ETFs in a portfolio.” He noted that Bitcoin is not only digital gold and a store-of-value tool, but can also serve as a diversified asset for an investment portfolio, as well as a form of digital capital and digital property. At the same time, the market also views Bitcoin as a “growth-style risk asset.”
Seyffart explained that Bitcoin has multiple attributes and narratives, while gold has only one. He added, “Our view is that the size of Bitcoin ETFs will exceed that of gold ETFs.”

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