Tom Lee Cites $56B Bitcoin ETF Inflows, Argues BTC Is a Better Hedge Than Gold
Since the rollout of Bitcoin exchange-traded funds, about $56 billion has entered BTC-focused products, a shift Bitmine CEO Tom Lee says is reshaping how large investors think about preserving wealth. At the Futu Investment Exhibition, Lee challenged gold’s inflation-hedge reputation and said historical data shows gold has lagged inflation roughly 48% of the time over the past 55 years.