Gold Losing Holdings to Bitcoin Ahead of ETF Launch: Bloomberg’s Strategist

Bloomberg Intelligence’s Chief Commodity Strategist Mike McGlone took to the X app to analyze how the tension of the expected spot Bitcoin (BTC) Exchange Traded Fund (ETF) approval is impacting negatively on Gold.  McGlone Foresees Sharp Decline in Gold Holdings McGlone stated that gold and ETFs that are related to the assets have seen a

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