Bloomberg analyst says BTC ETF cycles may mirror gold ETF boom and bust trends

🟠 Bloomberg's Eric Balchunas says Bitcoin ETF cycles may echo gold ETF booms and busts. 🟡 Institutional demand for $BTC ETFs is expected to surge and retreat in cycles over time. 🟠 Gold ETFs like GLD saw dramatic ups, downs, and new peaks during a 22-year timeline. 🔍 Both Bitcoin and gold ETFs depend heavily on investor flows, not on cash-generating assets. Continue Reading:Bloomberg analyst says BTC ETF cycles may mirror gold ETF boom and bust trends The post Bloomberg analyst says BTC ETF cycles may mirror gold ETF boom and bust trends appeared first on COINTURK NEWS.