Bitcoin's performance in exchange-traded funds (ETFs) has not matched that of gold, according to Mike McGlone. According to NS3.AI, McGlone noted that from BlackRock's IBIT debut in January 2024 through April 8, Bitcoin's value increased by approximately 50%, whereas gold saw a rise of about 135% during the same timeframe. McGlone suggested that U.S. spot Bitcoin ETFs might have marked the end of the crypto rally, attributing the previous surge in Bitcoin's price to an investment frenzy driven by ETFs.#Bitcoin #ETF #Gold #Investment #Crypto #MarketAnalysis #BlackRock #FinancialTrends #BTC