Peter Schiff, a renowned economist and a fierce Bitcoin (CRYPTO: BTC) skeptic, highlighted the underperformance of exchange-traded funds (ETFs) that track the cryptocurrency’s price against those of gold. What Happened: In an X post on Thursday, Schiff pointed out that despite substantial inflows, the new Bitcoin ETFs have gained less than 17% since their launch in January. In contrast, he pointed out how the largest gold ETF, SPDR Gold Trust ETF (NYSE:GLD), has risen 24% despite massive outflows. Schiff then took a jibe at investors’ strategy, saying, “It’s clear that despite all the hype, ET…
