PANews reported on November 12 that Eric Balchunas, senior ETF analyst at Bloomberg, said on the X platform: "The asset size of US spot Bitcoin ETFs has now reached US$84 billion, equivalent to 2/3 of the asset size of gold ETFs. Suddenly, they are likely to surpass gold ETFs before the first anniversary of their launch (we previously predicted that this would take 3-4 years)."