The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
When Bitcoin is compared to gold in “risk capital terms,” the implied allocation drops to $0.9 trillion, they said. This translates to a BTC price of $45,000, significantly less than the $70,000 price Bitcoin hit on Friday. "In our opinion, this is a realistic target of the potential size of spot bitcoin ETFs over time perhaps within a period of two to three years, though much of the implied net inflow could represent a continued rotational shift from existing instruments and venues to ETFs," the analysts said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kitco NEWS Reports on Mining Companies Snowline Gold and NexGen EnergyKitco NEWS provides accurate and objective reporting on mining companies Snowline Gold and NexGen Energy. Snowline Gold has seen significant growth due to outstanding drill results and backing from B2Gold. NexGen Energy has experienced a surge in stock value with the rise in uranium prices.
Read more »
Kitco Mining to announce the Mining CEO Of The Year 2023 at PDACThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Bitcoin: Is following BTC whales even profitable?Whales trading Bitcoin at $40.5K missed profit opportunities, potentially causing short-term downward pressure.
Read more »
Gold-backed ETFs see outflows as Bitcoin gains investment demandThe debate between gold and Bitcoin intensifies as gold-backed ETFs experience outflows while Bitcoin gains investment demand.
Read more »
Bitcoin hits new ATH of $70,220 as volatility spikes, whipsaws back below $68kThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Bitcoin: Are investors bullish despite BTC’s correction?Bitcoin’s [BTC] price touched an all-time high recently as its value went above the $69k mark but the trend changed soon
Read more »