Bitcoin ETFs could mirror gold’s history of ‘spectacular gains’ and ‘painful drawdowns,’ analyst says

AI Summary Bloomberg ETF analyst Eric Balchunas compared IBIT’s short time above $100 billion with GLD’s precipitous rise in 2011. fulltext: 119 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.theblock.co/post/408782/bitcoin-etfs-ibit-mirror-golds-history-spectacular-gains-painful-drawdowns-analyst?utm_source=rss&utm_medium=rss Source: The Block