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Last updated: June 18, 2025, 20:26  |  Written by: Cathie Wood

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World’s Largest Bank Calls Bitcoin Gold and Ethereum ‘Digital Oil’

ICBC Calls Bitcoin ‘Digital Gold,’ Ethereum ‘Digital Oil’ In High

The world’s largest bank, the Industrial and Commercial Bank of China (ICBC), has showered praise on Bitcoin and Ethereum, calling them “digital gold” and “digital

LATEST: World's Largest Bank ICBC Says Bitcoin Solves

World's largest bank ICBC praises the evolution of

ICBC, World’s Largest Bank, Calls Bitcoin Digital Gold and

On

On, the Industrial and Commercial Bank of China (ICBC) released an insightful research report titled “Macro Economy In-Depth Analysis: The Division and Integration of

World's Largest Bank ICBC Sees Bitcoin as Digital GoldCalls

Why The World's Largest Bank Called Ethereum (ETH)

Icbc

ICBC, the world's largest bank by total assets, likens bitcoin to digital gold and ethereum to digital oil in a report.

Specifically, the bank compared Bitcoin to gold while highlighting its rapid growth in a more digitized economy. Additionally, it called Ethereum “digital oil” while

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