Based on data from the following site: https://etfdb.com/compare/market-cap/, today the IBIT ETF has surpassed its gold counterpart(IAU) in AUM, and we have yet to see the most recent Bitcoin flows recorded. Similarly, the assets under management of Bitcoin-based ETFs are far higher than those based on silver. However, we have yet to surpass silver in market capitalization, which could suggest an undervaluation in price. [link] [comments] |
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