Institutional Investors Ditch Gold ETFs for Bitcoin (BTC)

October 2020 has been an absolute action-packed month for Bitcoin investors. The rally continued ahead in the first week of November as the BTC price reached close to $16,000 levels hitting a new 2020 high. Citing recent data from JPMorgan, Grayscale managing director Michael Sonnenshein said that Bitcoin clearly overshadows the demand for Gold ETFs.

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Author: toutiao