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

ME News message, 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,” a store-of-value tool, and it also has attributes such as diversification for asset allocation, liquidity trading, and growth-type risk assets, whereas gold’s investment logic is relatively single. In terms of fund flows, U.S. gold ETFs recently saw clear net outflows, with net outflows of about $2.92 billion in March; over the same period, Bitcoin spot ETFs achieved net inflows of about $1.32 billion, indicating that preferences for capital are shifting. Despite the divergence in fund flows, the recent price trends of Bitcoin and gold have converged. Over the past 30 days, the price of Bitcoin fell by about 8.07%, while the price of gold fell by about 8.25%. Market views hold that as investors’ demand for digital-asset allocation increases, Bitcoin ETFs are gradually shifting from “alternative assets” toward mainstream allocation tools, and their long-term scale growth potential is being reassessed. (Source: ChainCatcher)