BlackRock ETFs: Gold outperforms bitcoin in Trump's second term
BlackRock ETFs: Gold outperforms bitcoin in Trump’s second term BlackRock is a massive asset manager that manages various different ETFs and trusts, including both gold and digital gold, a.k.a. bitcoin (BTC). Its iShares Gold Trust ($IAU) currently trades for approximately $61 and has net assets of over $36 billion. Meanwhile, its iShares Bitcoin Trust ETF (IBIT) currently trades for approximately $48 and boasts net assets of approximately $48 billion. Read more: CHART: Wasn’t Trump supposed to be good for crypto? Donald Trump was widely believed to be a president who would help BTC’s value, however, gold has apparently outperformed the world’s leading crypto since his inauguration . iShares Gold Trust has seen its price increase from approximately $51 to $61, a jump of nearly 20%. The firm’s iShares Bitcoin Trust, however, has decreased from approximately $60 to $48, a drop of around 20%. Both of these assets are commonly pi...