Bitcoin To ‘Augment’ Gold As The ‘Next Strategic Reserve Asset,’ Says Expert
Posted On November 12, 2024
Boosted by post-election euphoria, experts muse whether Bitcoin (CRYPTO: BTC) could potentially close the gap to gold as a strategic reserve asset.
What Happened: Barbara Goodstein, Managing Partner at R360, told CNBC on Monday that BlackRock‘s Bitcoin ETF has now surpassed its gold ETF in terms of assets under management.
This emphasizes the growing investor optimism towards Bitcoin and private equity following the U.S. presidential election.
While gold continues to be a safe haven for investors, the sentiment is gradually shifting towards Bitcoin, with a growing number of investors choosing to invest directly in …