QCP Trading Director: Tether's increased holdings of physical gold may be part of a diversification strategy; Bitcoin and gold can coexist.

SmartContractAuditor · 2026-02-26T09:47:06+00:00

QCP Trading Director Ivan Lee pointed out in an interview that with gold strengthening, digital assets are being incorporated into the macro discussion framework. He emphasized Bitcoin's scarcity but believes it will not replace gold's reserve role. The two perform differently in various environments but can coexist in an investment portfolio.

SmartContractAuditor

2026-02-26 09:47:06

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Odaily Planet Daily reports that according to QCP, its trading director Ivan Lee stated in an interview with Money FM 89.3 that as gold strengthens, digital assets are also being incorporated into a broader macro discussion framework. He pointed out that the description of Bitcoin as “digital gold” emphasizes its scarcity feature more than replacing gold’s role in the global reserve system.

Ivan Lee said that gold remains a widely accepted reserve asset worldwide and can provide diversified support for crypto-related balance sheets. At the same time, Bitcoin and gold perform differently under various macroeconomic conditions; their trends during risk-avoidance periods and liquidity expansion phases are not entirely aligned, but both can coexist in an investment portfolio.

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