Summary
- It was reported that the assets under management of BlackRock's Bitcoin ETF have surpassed those of the Gold ETF.
- It was revealed that billions of dollars are flowing into the Bitcoin market every week.
- Ju Ki-young reinforced the perception that Bitcoin is the winner.
The assets under management (AUM) of BlackRock's Bitcoin ETF have surpassed those of BlackRock's Gold ETF.
On the 12th (local time), Ju Ki-young, CEO of the on-chain analysis platform CryptoQuant, stated on his X (Twitter) that "BlackRock Bitcoin ETF has surpassed Gold ETF in terms of assets under management. Billions of dollars are flowing into the Bitcoin market every week."
Currently, the market capitalization of Gold is $17 trillion, while Bitcoin's market capitalization is $2 trillion, but in terms of ETF assets under management, Bitcoin has surpassed Gold.
Ju Ki-young added, "Smart money already knows the winner."
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
