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MicroStrategy founder: Bitcoin ETF asset size will exceed gold funds

MicroStrategy founder: Bitcoin ETF asset size will exceed gold funds

CointimeCointime2024/03/07 10:28
By:Cointime

Michael Saylor, the founder of MicroStrategy, said that ETFs have exceeded his expectations in terms of fund inflows and trading volume. This summer, the assets of Bitcoin ETFs will surpass those of gold funds. BitMEX statistics show that since its launch on January 11th, the net inflow of spot Bitcoin ETFs has reached $8.9 billion. BlackRock's IBIT and Fidelity's FBTC are among the 20 most actively traded exchange-traded funds.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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