The reign of spot Bitcoin ETFs is gradually threatening the existence of gold considering the volumes of flows that the new asset class has seen in the past weeks. Spot BTC ETF Inflows Currently Topping the Charts According to Senior Bloomberg ETF analyst Eric Balchunas, spot Bitcoin ETFs’ gain in store of value smackdown is The post Spot Bitcoin ETFs Giving Gold a Tragic Smackdown appeared first on CoinGape .