Bitcoin Soars Past Gold in Investor Portfolios as Crypto Market Surges

• Bitcoin allocation in investor portfolios has surpassed that of gold when adjusting for volatility, according to JPMorgan analysts

• Potential Bitcoin ETF market size could reach $62 billion if gold is used as benchmark

• February saw 40% month-over-month surge in total crypto market cap to $2.2 trillion, led by 45% Bitcoin and 47% Ethereum gains

• Net sales for Spot Bitcoin ETFs hit $6.1 billion in February, up from $1.5 billion in January

• BTC value rose 33% in past two weeks to new all-time high alongside significant inflows into Bitcoin ETFs