#BTCBreaks99K Despite Bitcoin’s choppy price action over the past few days, prominent analysts remain extremely bullish on its long-term prospects. 

Popular Bloomberg analyst Eric Balchunas has made a bold Bitcoin prediction, claiming that spot BTC ETFs will have three times the AUM of Gold ETFs in 3 to 5 years.

As of April 2025, global gold-backed ETFs reached a record high in assets under management (AUM) of $345 billion. 

Even assuming the impossible that the Gold ETFs AUM won’t increase, would mean spot Bitcoin ETFs will see a 26x surge to see a cumulative AUM of $1.035 trillion within a 5-year window