Nate Geraci, the president of the ETF Store, has dropped an epic prediction concerning spot Bitcoin (BTC) exchange-traded fund (ETF).
Geraci’s prediction comes amidst the growing institutional adoption of Bitcoin as a hedge against inflation.
Bitcoin ETF Rapid Growth Challenges Gold’s Decades-Long Dominance
In a post on X, Geraci highlighted the possibility of spot BTC ETF hitting a significant milestone before 2024 rolls away.
Geraci’s prediction relies on the remarkable surge in inflows in the ETF market within the past couple of weeks. He foresees the spot Bitcoin ETFs surpassing physical Gold ETFs in days.
Not ready to call it, but I’m just telling you all…
It’s *possible* that spot btc ETF assets surpass physical gold ETF assets before year-end.
Think will depend on price of btc vs gold over next 2+ weeks.
Physical gold ETFs launched *20yrs* ago.
Would be astounding.
— Nate Geraci (@NateGeraci) December 14, 2024
Such an occurrence will mark a major achiev
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