Since their launch, Bitcoin ETFs have accumulated over 1 million BTC, equivalent to approximately $40 billion in assets under management, indicating substantial institutional interest.
Over the past year, Bitcoin prices have risen by approximately 120%, a stark contrast to the 9% price increase for gold following its first ETFs.
When overlaying Bitcoin's first year of ETF price action with gold's historical data, a remarkable similarity in returns suggests potential for continued growth in Bitcoin prices.
Despite initial bearish trends, the overall movement in Bitcoin's price post-ETF launch captures a narrative of resilience and growth in the digital asset arena.
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