Bitcoin ETFs Could Triple Gold. What Could That Mean for BTC Price?

For Bitcoin ETFs, the comparison with gold has always been lurking in the background. Now Bloomberg senior ETF analyst Eric Balchunas has put a much bigger number on the table: Bitcoin ETFs could eventually hold three times as much money as gold ETFs.That would be an extraordinary gap. Global gold ETFs held about $615 billion at the end of August. Multiplying that by three puts the equivalent Bitcoin ETF figure at roughly $1.85 trillion — around 19 times current levels.Naturally, that rais