VanEck Sees $500K Bitcoin as Gold Gap Leaves Room to Double
- —VanEck uses half of gold's market cap as its medium-term Bitcoin target, implying about $500,000 per BTC
- —The Bitcoin-to-gold ratio has fallen to around 16–17 from a peak near 40
- —U.S. spot Bitcoin ETFs drew $6.34 billion in Q3 2026 after roughly $5 billion of outflows in Q2
- —Bitcoin gained almost 43% in Q3 but remains about three times as volatile as gold
Why it matters: VanEck's target reinforces the bullish case as institutional demand returns, though BTC must first clear $87,000 and $90,000 resistance.
Source: Coinpaper