Bitcoin price tagged the $73,000 threshold on Wednesday amid rising momentum from an unrelenting buyer community. BTC could make it to the $80,000 psychological level with the halving just over five weeks out. Bitcoin ETF AUM reaches $58.7 billion, about 58% away from Gold ETFs’ $98 billion in total assets. Bitcoin price has progressively forged north for the past several weeks, breaking past key barriers and inspiring bullish optimism among community members.
Bitcoin ETFs are 58% of the way to flipping Gold ETFs for total assets. $58.7b for $BTC $98b for Gold That's just after just 8 weeks... At this rate, Bitcoin will flip Gold ETFs in a few month! pic.twitter.com/M2MK2Q5XAI — Bitcoin Archive March 13, 2024 With BTC ETFs recording almost $60 billion in AUM, their Gold counterparts stand around $98 billion, putting the former just about 58% away in just eight weeks since the investment product hit the market.
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