US Bitcoin ETFs Amass Over Half of Gold’s Holdings in First Year

In a remarkable turn of events, spot Bitcoin ETFs have managed to accumulate over 50% of the assets held by gold ETFs in just under a year. This achievement is particularly noteworthy considering that gold ETFs have been established for more than two decades.

The growing dominance of Bitcoin ETFs showcases the shifting landscape in the investment world, with digital assets gaining significant traction and challenging traditional investment options. Investors are increasingly drawn to the potential of cryptocurrencies, seeing them as a viable alternative to traditional assets like gold.

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