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BitMEX founder and former CEO Arthur Hayes believes Bitcoin will continue to outperform traditional assets as the US adopts an economic model that mirrors China’s state-led capitalism under President Donald Trump’s administration.
Navigating the ever-changing crypto market can be challenging for investors, who often descend into the depths of the industry without any guidance. Some have taken on the task of developing tools to help traders steer their strategies and try to maximize their portfolio’s performance.
As of Nov. 11, US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs) held $84 billion, equating to roughly 66% of gold ETFs’ total assets under management (AUM).