According to the Odaily Planet Daily report, Bloomberg senior ETF analyst Eric Balchunas said that Bitcoin ETFs will surpass gold ETFs at some point, unless some kind of black swan event occurs. The ETF asset management scale when it was first launched was US$28.9 billion, and the current asset management scale of the 11 spot Bitcoin ETFs totals US$61 billion. Against the backdrop of massive inflows and rising Bitcoin prices, Bitcoin ETFs are approaching the size of gold ETFs, which have total assets under management of about $97 billion.

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