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TechFlow news, November 12 — Bloomberg senior ETF analyst Eric Balchunas said: "The assets under management of U.S. spot Bitcoin ETFs have now reached $84 billion, equivalent to two-thirds of the assets in gold ETFs. They are likely to surpass gold ETFs by their first anniversary—a milestone we previously expected would take 3–4 years."
Eric Balchunas, senior ETF analyst at Bloomberg, said: "The assets under management of U.S. spot Bitcoin ETFs have now reached $84 billion, equivalent to two-thirds of the assets in gold ETFs. They are very likely to surpass gold by their first anniversary—an outcome we previously expected would take 3–4 years."
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