Grayscale Bitcoin Trust Fund ($GBTC), the largest Bitcoin pegged fund for institutional investors is on its way to overtake the most popular gold-pegged ETF $GLD in the coming months. The growing popularity of Bitcoin over the past 3-4 months has seen even the biggest gold bugs cut their exposure to gain exposure in Bitcoin. A significant portion of Golf outflow over the past year has moved into Bitcoin.
Golden Days of GOLD Over As Grayscale's GBTC All Set to Overtake Leading Gold ETF
coingape.com
14 April 2021 15:27, UTC