Viewpoint: Bitcoin ETF's asset management scale is expected to reach three times that of gold ETFs within 3-5 years

According to BlockBeats news, on May 6th, Eric Balchunas, a senior ETF analyst at Bloomberg, wrote that "IBIT absorbed another $500 million yesterday, with 15 consecutive days of fund inflows, currently ranking sixth in the annual fund inflow ranking, surpassing GLD. Considering that IBIT has only risen by 4% and GLD is currently in its best performance period in history, this situation can still attract more capital inflows, which is a very good signal for the long-term prospects and enhances our confidence in predicting that the asset management scale of Bitcoin ETFs will reach three times that of gold ETFs within 3-5 years