Reminiscent of 2019, the debate between gold and Bitcoin rages anew as the two assets see a stark contrast in investment demand. In January, the Securities and Exchange Commission, in a long-awaited move, approved the launch of 11 spot Bitcoin-backed exchange-traded products. At the same time, global gold-backed ETFs have seen investment outflows of more than $3 billion since the start of the year.
Specifically, SPRD Gold Shares (NYSE: GLD), the world’s largest gold-backed ETFs has led the exodus in the precious metals market
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CryptoAmb - 🏆 22. / 68 Read more »