I totally agree — most people who stick with gold aren't looking to jump ship entirely. In the U.S., gold is still the ultimate "sleep-at-night" insurance. People are using gold for security but are also investing a little in Bitcoin for future growth. It’s not an "either-or" thing anymore.

If the market shifts entirely from gold to Bitcoin, then the price of Bitcoin will increase significantly because Bitcoin's market size is small, demand is high, and supply is limited. Even if a small amount of this huge gold market moves into the much smaller market of Bitcoin ETFs, then it could create substantial upward pressure.