en
Back to the list

Golden Days of GOLD Over As Grayscale's GBTC All Set to Overtake Leading Gold ETF

source-logo  coingape.com 14 April 2021 15:27, UTC

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.

coingape.com