Research from senior Bloomberg analyst Eric Balchunas and associate analyst Andre Yapp suggests that the rise of spot Bitcoin exchange-traded funds (ETFs) is already threatening to overtake gold ETFs in assets under management.
Institutional investors are heavily allocating their portfolios toward #Ether , followed closely by #Bitcoin⏠, while retail investors are focusing more on the flagship cryptocurrency and holding a wider variety of altcoins, according to a report.
