Bloomberg analysts: Gold is performing well, but still slightly lagging behind Bitcoin, with the gap narrowing rapidly

2024-08-20 19:49:08
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ChainCatcher message, Bloomberg ETF analyst Eric Balchunas posted on the X platform that gold has finally been rewarded for its rich returns, with GLD rising 23% in the past 6 months, bringing in $2 billion, surpassing stocks. In other words, since the ETF was launched, it still lags behind Bitcoin, but by a small margin, possibly 500 basis points, and the gap is closing rapidly. Value storage is taking effect.

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