Bitcoin is now known as “digital gold” due to its unique properties such as scarcity, ease of transportation and storage, making it a digital alternative to traditional gold. Bitcoin ETFs allow investors to easily invest in Bitcoin without having to own it directly, which has contributed to a significant increase in demand for them. According to reports such as SRP, demand for Bitcoin ETFs is growing at a faster pace than demand for traditional gold ETFs. This shift reflects a change in investor trends that have come to prefer digital assets as a safe haven and financial future over traditional gold.
Especially since 2024 witnessed a significant adoption of Bitcoin by major financial institutions