Spot Bitcoin ETF net flows are currently at $44 billion, and the BTC ETF is almost half the size of all gold ETFs

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Cointime2024/02/29 06:57

By:Cointime

According to a post on social media by HashKey Exchange, the net flow of spot Bitcoin ETF is currently $44 billion. This means that in just over a month, the size of BTC ETF is almost half the size of all gold ETFs. Bitcoin is often referred to as "digital gold" because it has scarcity, durability, non-falsifiability, portability, divisibility, and verifiability. In fact, Bitcoin is even scarcer than gold: for hundreds of years, the supply of gold has grown at a rate of 1% to 3% per year, while the supply of Bitcoin is cut in half every four years.

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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