Investing in ‘Gold’ – Via Bitcoin – Is Cheaper Than Ever
All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset.
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All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset.
While bitcoin’s price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.
Gold had picked up pace in a 4-day price rally last week from January 29 to February 1. However, an … Continue reading
The post Gold bleeds after a 4-day price rally; Here’s why appeared first on Finbold.
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network.
The world’s largest crypto remains higher over the past 24 hours, but has slumped nearly 4% from its overnight high.
Why all the excitement about spot bitcoin ETFs? Well, a gold ETF was a huge deal for markets, and people wonder if $BTC might be next.
The CEO of $8.5 trillion asset manager BlackRock (BLK) said “more and more” gold investors have been asking about the role of crypto over the last five years.