Bloomberg Senior ETF Analyst Eric Balchunas predicted that the assets under management (AUM) of spot Bitcoin ETFs will grow to three times the level of gold ETFs in the long term. Appearing on Bitcoin Magazine TV, he stated, "As younger investors accumulate and grow more wealth, they will adopt Bitcoin as a store of value," adding, "I believe Bitcoin ETFs will surpass gold ETFs' AUM by threefold." According to CoinMarketCap, BTC is currently trading at $76,599.92, up 1.12%.
