ETF Institute co-founder Nate Geraci believes that spot Bitcoin exchange-traded funds (ETFs) could surpass Gold ETFs in the next two years if the current trajectory continues. In an opinion shared on X,

Spot Bitcoin ETFs passed $20 billion in total net flows Thursday after a four-day inflow streak of $1.8 billion, marking a new milestone in the journey of the nine-month old funds.

Led by North American funds, gold-backed ETFs reported net inflows of metal for the fifth straight month in September.

Bitcoin pushed higher on Monday as a spurt of inflows into exchange-traded funds for the largest digital asset as well as optimism about the outlook for US regulations lifted sentiment.

Bitcoin reached a three-month high of $69,400 amid rising election odds for Trump, whose policies are seen as favourable for the dollar and crypto regulation. The cryptocurrency gained 18% since October 10,