Bloomberg Analyst: Compared to gold ETFs, the institutional holdings of Bitcoin ETFs still have a growth potential of 10%-15%
Bloomberg ETF analyst Eric Balchunas posted an analysis on X, stating that the asset holdings ratio of 13F reporting institutions in most Bitcoin ETFs has reached 25%-30%. It is expected to eventually reach a level similar to Gold ETF (GLD) at around 40%, indicating there is still a growth space of 10%-15%.
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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