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Analyst: The asset management scale of US Bitcoin spot ETF is only $23 billion behind that of gold ETF, and is expected to surpass it before Christmas
2024-11-24 02:07
Odaily News Eric Balchunas, senior ETF analyst at Bloomberg, wrote on X: "The BTC holdings of the US Bitcoin spot ETF have reached 98% of Satoshi Nakamoto's holdings, and it is expected to become the world's largest BTC holder. The expected rise and fall on Thanksgiving looks good. If the liquidity in the next 3 days is the same as the past 3 days, then the transaction is a foregone conclusion. In addition, its asset management scale is US$107 billion, only US$23 billion behind the gold ETF, and it is expected to surpass it before Christmas."