Will Bitcoin Replace Gold in the ETF Race?
Since January of this year, an exchange-traded fund has amassed an astonishing $97 billion in Bitcoin.
This is almost 76% of the value of the PLN ETF, which has dominated the market for decades. Moreover, experts predict that Bitcoin may not only catch up to gold but could even triple in value in the coming years.
What is the reason behind this phenomenon? Is there a trend emerging that will change the global financial system right before our eyes?