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

ME News update: 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 are expected to exceed those of gold ETFs. Seyffart noted that Bitcoin is used in portfolios in a more diversified way: it can be viewed as “digital gold” and a store-of-value tool, and it also has attributes such as diversified asset allocation, liquidity trading, and growth-oriented risk assets, whereas gold’s investment logic is relatively singular. In terms of fund flows, U.S. gold ETFs have recently seen significant outflows, with net outflows of about $2.92 billion in March; in the same period, Bitcoin spot ETFs recorded net inflows of about $1.32 billion, indicating that capital preferences are shifting. Despite the divergence in fund flows, the recent price trends of Bitcoin and gold have been moving in tandem. 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 “alternative assets” to a mainstream asset-allocation tool, and their long-term growth potential is being reassessed. (Source: ChainCatcher)