Bitcoin ETFs Predicted to Surpass Gold as Investments Surge

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Market analyst and President of the ETF Store, Nate Geraci, has predicted that US-based spot Bitcoin ETFs will overtake Gold ETFs in cumulative net flows within the next two years. This projection comes as Bitcoin ETFs have shown staggering performance in recent days, attracting over $2 billion in weekly net inflows.

Spot Bitcoin ETFs rattled the global financial markets this week, recording net inflows of $2.13 billion, according to data from SoSoValue. This massive influx of investments coincides with Bitcoin surging by 9.23%, approaching a critical resistance zone at the $70,000 price mark.


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In the midst of this market euphoria, Nate Geraci has forecasted that spot Bitcoin ETFs will soon surpass Gold ETFs in cumulative net flows within the next two years. It’s unsurprising given the exponential growth these Bitcoin ETFs have experienced since their launch on January 11.

For context, Gold ETFs currently boast combined net inflows of approximately $55 billion, compared to $20.66 billion in the aggregate net inflows of the spot Bitcoin ETF market. These Bitcoin ETFs have been trading for barely a year, whereas Gold ETFs have been around for over two decades.

Furthermore, Bloomberg analyst Eric Balchunas highlighted that spot Bitcoin ETFs have already amassed over $65 billion in total net assets, a milestone that took Gold ETFs nearly five years to achieve. This figure represents over 25% of the total assets under management in the global Gold ETF market.

Geraci’s theory is bolstered by the fact that there are currently only 11 spot Bitcoin ETFs trading compared to nearly 5000 Gold ETFs on the global market. With the upcoming crypto market bull run and the current adoption levels of digital assets, these Bitcoin ETFs may indeed be poised to overtake their Gold counterparts.

In other news, crypto analyst Ali Martinez has indicated that Bitcoin may soon experience a “short-term dip” following its recent price rally. The cryptocurrency market leader recently gained over 8%, moving from around $63,000 to nearly breaking above $69,000.

While the BTC market is currently bullish, Martinez notes that the TD sequential is indicating a sell signal on the 4-hour chart, which is further supported by a bearish divergence on the Relative Strength Index (RSI). Should Bitcoin’s price decline, investors may shift their focus to the $60,000 price zone, which serves as its next support level, though strong selling pressure could push the premier cryptocurrency as low as $55,000.

At the time of writing, Bitcoin is trading at $68,428, marking a 0.98% gain in the last day.