BlockBeats News, on November 8, according to The ETF Store president Nate Geraci, BlackRock's Bitcoin exchange-traded fund iShares Bitcoin ETF (IBIT) has surpassed the assets of the company's gold exchange-traded fund iShares Gold ETF (IAU) in just 10 months. It's worth noting that IAU has been operating since January 2005, making it a 'veteran'! 😲

The rapid rise of this 'rookie' IBIT makes one marvel at the vitality and potential of the cryptocurrency market. Bitcoin, as digital gold, is attracting the attention of more and more investors. Although gold has always been regarded as a safe-haven asset in the investment world, Bitcoin's performance seems to be challenging this traditional view.

Of course, the market is always full of uncertainties, and investors need to be cautious in their choices. Bitcoin's volatility is well-known, while gold is relatively stable. Both have their merits, and how to balance these two assets in an investment portfolio may be a question investors need to consider.

What do you think about the competition between Bitcoin and gold? Which one would you choose as your investment target? Feel free to share your thoughts in the comments and discuss this interesting topic with us!