Bitcoin’s allocation in investor portfolios has reached 3.7 times that of gold when adjusted for volatility.
Bitcoin ETFs have proven to be a net positive for the crypto market, with the world’s largest cryptocurrency gaining over 45% in market cap.
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Bitcoin has already surpassed gold in investor portfolio allocation - JPMorganJP Morgan highlighted this based on a clean entrance to ETF Bitcoin.
For me, when I found out the allocation of bitcoin is greater than gold, I thought that this was something that was not surprising at all the latest investors were smarter in choosing the type of investment.
Gold investment is good, but for intelligent investors, Bitcoin investment is better than the gold investment even though it is both able to maintain value.