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"Remarkably, as of February 29, the combined value of the holdings in U.S.-based Bitcoin ETFs was roughly half the value of all known gold ETFs. The Bitcoin ETFs, which began trading in January, held $43.2 billion, while gold ETFs held $92.3 billion."
For investors with a longer horizon, or those with a bigger risk appetite, there’s Bitcoin, whose volatility is about eight times greater than that of gold, its analog cousin. Whereas the precious metal has a 10-day standard deviation of ±3%, Bitcoin’s is ±25%.
Though not guaranteed, with greater risk can come greater reward. For the six-month period through the end of February, Bitcoin more than doubled in price, surging close to 130%. Over the same period, gold increased a little over 5% while gold majors, as measured by the NYSE Arca Gold Miners Index, lost 9%.
https://www.usfunds.com/resource/the-surge-in-bitcoin-etfs-and-its-p...
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