Bitcoin ETFs Expected to Surpass Gold ETFs in Assets, Analyst Says

Spot BTC ETFs could eventually surpass gold ETFs in total assets under management (AUM) as investor interest grows beyond the “digital gold” narrative, according to ETF analyst James Seyffart. Speaking on the podcast, Seyffart highlighted Bitcoin’s multiple roles, including as digital gold, a store of value, a portfolio diversifier, and a form of digital capital and property. He added that the market also views Bitcoin as a “growth risk asset.”

Seyffart noted, “There are just more use cases of why somebody would put a Bitcoin ETF in a portfolio,” contrasting this with gold, which primarily serves one purpose.

ETF Flows Reflect Shifting Investor Preferences

US based gold ETFs recorded net outflows of $2.92 billion in March, while US spot Bitcoin ETFs saw $1.32 billion in net inflows over the same period. The largest US gold backed ETF, GLD, experienced a $3 billion outflow on March 4, the largest daily withdrawal in over two years.

Despite recent divergences, both Bitcoin and gold have broadly moved in tandem over the past 30 days. Bitcoin is trading around $66,818, down 8%.

While gold trades near $4,676, down 8%.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.