Bloomberg analyst: Bitcoin ETFs will eventually surpass gold ETFs

Bloomberg ETF analyst James Seyffart has forecast that Bitcoin ETFs will eventually surpass gold ETFs in assets under management over the long term. According to Cointelegraph, the rationale is that Bitcoin offers multiple investment theses—including its roles as digital gold, a store of value, a portfolio diversifier, and a growth asset—while gold relies on a single narrative. In March, U.S. gold ETFs recorded net outflows of $2.92 billion, while spot Bitcoin ETFs saw net inflows of $1.32 billion. Industry experts have also suggested that Bitcoin could outperform gold following a potential bull run for the precious metal in 2025.