Bitcoin (BTC) to Eat Gold (GLD)

Date:

Share post:



Bitcoin (BTC) to Eat Gold (GLD)

As one well-worn example, Saylor said that gold can’t easily be moved from New York to Tokyo in a few minutes, unlike bitcoin. He also expects bitcoin to divert money away from other risk assets, including the giant SPDR S&P 500 ETF (SPY), and for bitcoin to begin showing up in other funds similar to the BlackRock setting plans to acquire spot BTC ETFs in its Global Allocation Fund.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Alternative Investment Calculator | WikiFinancePedia

Investing in stocks and bonds isn’t the only option anymore. One novel way to diversify your...

Standard Life teams up with new partners on £2bn pension risk business

Standard Life has partnered with CVC, Prudential Financial, Goldman Sachs and MS&AD to expand its pension risk...

Helping Clients Align Their Capital To What’s REALLY Important When They Don’t Know What Is: Kitces & Carl 197

The value of financial planning often stems from helping clients realize their goals… both in the literal...

Bitcoin ETFs Draw $517M in Largest Daily Inflow Since Early May

US spot Bitcoin exchange-traded funds (ETFs) recorded $517.2 million in net inflows on Wednesday, their largest single-day...