Spot Bitcoin ETFs have witnessed a significant influx of investments recently, with $2.13 billion recorded in inflows in just a week.
Market analyst Nate Geraci predicts a surge in spot Bitcoin ETFs, potentially overtaking Gold ETFs in two years. This impressive performance is attributed to Bitcoin’s 9.23% surge towards the $70,000 price mark.
Currently, spot Bitcoin ETFs have amassed over $65 billion in total net assets, surpassing gold ETFs in terms of growth, and likely to continue doing so in light of the impending crypto market bull run and surging adoption of digital assets.
