Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold

6 months ago

Institutional wealth has been pouring into Bitcoin astatine a standard that would person seemed far-fetched conscionable a fewer years ago. Since the motorboat of Bitcoin exchange-traded funds, astir $56 cardinal has flowed successful from plus managers astir the satellite — a displacement that Bitmine CEO Tom Lee says is changing however superior investors deliberation astir protecting wealth.

Gold’s Track Record Under Scrutiny

Speaking astatine the Futu Investment Exhibition, Lee made a pointed case against gold’s long-held estimation arsenic the go-to ostentation shield. Historical data, helium said, shows golden has failed to support gait with ostentation astir 48% of the clip implicit the past 55 years.

That’s a striking fig for an plus millions of investors clasp precisely due to the fact that they judge it protects purchasing power. Gold prices person besides taken a deed recently, dropping implicit 15% successful the past week to commercialized astir $4,493.

Bitmine CEO:Bitcoin Beats Inflation 97% of the Time, Far Outperforming Gold

Bitmine CEO Tom Lee stated the crypto wintertime is ending astatine the Futu Investment Exhibition. He believes Bitcoin is simply a amended ostentation hedge than gold, outperforming ostentation 97% of the clip since its… pic.twitter.com/H5LfaePnRe

— Wu Blockchain (@WuBlockchain) March 27, 2026

Bitcoin, by contrast, has outperformed ostentation 97% of the clip since its instauration successful 2009, according to Lee. He pointed to the asset’s hard headdress of 21 cardinal coins arsenic a cardinal crushed why.

Supply cannot beryllium expanded. No cardinal slope tin people much of it. That fixed ceiling, combined with rising request from institutions, is what Lee says makes Bitcoin a stronger modern hedge than gold.

“Many investors clasp ample amounts of golden for protection, but whitethorn beryllium missing vulnerability to Bitcoin,” Lee said.

Wall Street’s Growing Appetite

The ETF numbers backmost up astatine slightest portion of that argument. Billions of dollars person moved into Bitcoin-focused funds arsenic large plus managers adhd the cryptocurrency to lawsuit portfolios.

Reports bespeak this inclination has pushed Bitcoin further from its aboriginal estimation arsenic a speculative stake and person toward a mainstream fiscal instrumentality — the benignant typically compared to commodities similar golden oregon oil.

Bitcoin was trading adjacent $66,000 astatine the clip of Lee’s remarks, though the terms had slipped astir 3.35% successful the preceding 24 hours.

BTCUSD present trading astatine $66,482. Chart: TradingView

Ethereum Gets A Mention

Lee’s presumption didn’t halt astatine Bitcoin. He besides flagged Ethereum arsenic a imaginable infrastructure furniture for Wall Street’s future, saying the blockchain could beryllium utilized for tokenization, settlement, and broader fiscal operations.

Reports enactment that Lee sees increasing connections betwixt crypto networks and accepted concern — peculiarly arsenic institutions look for faster, programmable ways to determination and settee assets.

Whether that imaginativeness plays retired remains to beryllium seen. But the travel of organization superior into Bitcoin ETFs suggests that astatine slightest portion of Wall Street is nary longer treating crypto arsenic an afterthought.

Featured representation from Unsplash, illustration from TradingView

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