Bitcoin ETF Narrows Gold ETF Gap
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•Bitcoin ETF AUM Will Surpass Gold ETF By Year-End, Says Expert
73% Informative
Spot Bitcoin ETFs have witnessed heavy inflows over the past two weeks with BlackRock ’s IBIT taking the lead.
The total assets under management for the Bitcoin exchange -traded fund (ETF) crossed $100 billion last week .
Over the past 30 days , a net of 124,000 Bitcoins have exited exchanges, signaling reduced liquidity.
A tightening Bitcoin supply could set the stage for a potential price squeeze, according to a recent analysis.
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