BlackRock’s Bitcoin ETF Doubles Gold in Record Time
In less than a year, this fund has nearly doubled the AUM of its gold counterpart, underscoring the rapid institutional adoption and soaring interest in digital assets. This stark contrast highlights Bitcoin’s ascent as...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In less than a year, this fund has nearly doubled the AUM of its gold counterpart, underscoring the rapid institutional adoption and soaring interest in digital assets. This stark contrast highlights Bitcoin’s ascent as a preferred hedge and store of value in the evolving investment landscape, challenging gold’s long-held dominance.
Source: X
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
Boomer gold outperformed digital rival BTC by 70% over the past year
Gold has rallied 28% over the past year from $3,400 to $4,330, outperforming digital rival BTC by over 70 percentage points. Over...
Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit
Bitcoin Magazine Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit One of the biggest Bitcoin security stories...
Bitcoin and Ethereum ETFs break $1B in their best week since April and BlackRock brought in 80% of the cash
US-listed spot Bitcoin and Ethereum exchange-traded funds pulled in more than $1 billion in fresh cash this week, with both groups...
Four years after FTX, crypto exchanges still prove assets without proving solvency
A customer opens an exchange account, copies a string of numbers and follows a path through a Merkle tree. The page processes the...
US Treasury sanctions crypto exchanges funding IRGC, boosting gold demand
Sanctions on crypto exchanges may heighten geopolitical tensions, driving investors toward gold as a safe-haven asset amid financi...
Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion.