Bitcoin's resurgence and accessibility through exchange traded funds

Bitcoin has made a strong comeback in recent years, partly due to the accessibility of holding it through exchange traded funds.

Gold hitting record high

Gold hit a record high driven by U.S. monetary easing, geopolitical risks, and strong demand. Central banks have been net buyers of gold for eight consecutive months. Spot gold rose to $2,130.79 per troy ounce, with expectations of further upside. Independent analyst predicts gold to hit $2,300 this year.

Bitcoin Reaches New All-Time High

Bitcoin has reached a new all-time high, surpassing $69,210 fueled by excitement over bitcoin ETFs and the upcoming halving event. Industry experts believe that this milestone demonstrates the resilience and potential of cryptocurrencies, particularly bitcoin, despite past challenges and skepticism.

Bitcoin's Rising Acceptance Among Traditional Financial Institutions

Bitcoin is gaining acceptance among traditional financial institutions despite criticism from figures like Jamie Dimon, Charlie Munger, and Elizabeth Warren. The cryptocurrency's soaring value and growing demand from various demographics are challenging the old guard's skepticism. The rise of Bitcoin ETFs has attracted significant investment, but concerns remain about market risks and potential downsides of the crypto rally.