Bitcoin Surpasses Gold!!! BlackRock's Spot ETF Funds Are Pouring In
Latest data shows that BlackRock's Bitcoin spot ETF (IBIT) has successfully surpassed its gold ETF in terms of assets under management. Meanwhile, billions of dollars are flowing into the Bitcoin market each week, highlighting institutional confidence in digital assets.
Compared to gold's $17 trillion market cap, Bitcoin's market cap has reached $2 trillion. Although relatively small, its growth rate is astonishing, indicating that 'smart money' has long recognized Bitcoin's potential. As the market indicates, the appeal of traditional assets seems to be gradually diminishing compared to this emerging asset.
Bitcoin is not just a digital currency; it has become a crucial part of global asset allocation. With more and more funds flowing into this market, Bitcoin's future is clearly filled with infinite possibilities.
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