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Bitcoin Is Not a Replacement for Gold

By: ETF Trends
Ink is spilling about bitcoin replacing gold. The launch of the ProShares Bitcoin Strategy ETF (BITO) on Tuesday and today’s debut of the Valkyrie Bitcoin Strategy ETF (BTF) have some investors, such as Social Capital founder Chamath Palihapitiya, eager to declare that gold has been replaced. The...
Related Stocks:
Bitcoin (Bitstamp) Bitcoin Composite Proshares Bitcoin Strategy ETF Valkyrie Bitcoin Strategy ETF
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