Bitcoin vs Gold: Which Investment Wins in 2026?
Compare Bitcoin vs gold investments: returns, volatility, tax treatment & allocation strategies. Get 7-day BTC price prediction and expert analysis.
By Sarah Chen, CFA | Crypto Markets and Digital Assets Analyst Last Updated: August 2026 | Prediction section refreshed weekly
Important Disclaimer: This Is Not Financial Advice
The content on this page is for informational purposes only and does not constitute financial advice. Bitcoin and gold investments carry risk, including the possible loss of principal. Past performance is not indicative of future results. Consult a qualified financial advisor before making any investment decisions. The Bitcoin price prediction section is updated weekly.
Over the past 12 months, gold has returned approximately +41% while Bitcoin has returned approximately -22%, marking one of the sharpest near-term divergences between the two assets in recent memory. As of August 2026, Bitcoin trades at approximately $77,670 — down roughly 38% from its all-time high of ~$126,000 set in 2025, but up approximately 27% from the 2026 cycle low of ~$61,000. Gold, meanwhile, has climbed to approximately $4,650 per ounce, near historically elevated levels. Both numbers tell different stories about risk, time horizon, and the role hard assets play in 2026 portfolios.
This article delivers two things: a data-backed Bitcoin price prediction for the next 7 days, and a structured head-to-head comparison of Bitcoin versus gold to help you make a portfolio allocation decision. If you need the price prediction now, jump directly to the Bitcoin Price Prediction section.
To understand the structural forces currently driving Bitcoin's price, read why Bitcoin's price is going up right now.
In this article:
- Bitcoin Price Prediction: Next 7 Days
- Bitcoin vs. Gold: A Complete Head-to-Head Comparison
- Should You Invest in Bitcoin or Gold? A Guide by Investor Profile
- Can You Hold Both Bitcoin and Gold? The Case for Portfolio Diversification
- How to Buy Bitcoin and Gold: Practical Investment Options
- Frequently Asked Questions
Bitcoin Price Prediction: Next 7 Days
BTC Market Snapshot (Updated Weekly) Current BTC Price: ~$77,670 | BTC ATH: ~$126,000 (2025) | 7-Day Forecast Range: $73,000–$84,000 Analyst Consensus: Cautiously Constructive (recovery phase) | Key Catalyst: ETF structural demand floor, Fed rate cuts, 5th halving narrative building Last Updated: August 2026
Track the live BTC price on the Bybit Bitcoin price page.
Bitcoin's short-term price prediction for the next 7 days leans cautiously constructive, based on current RSI readings near 68, a recovery of approximately 27% from the 2026 cycle low of $61,000, and institutional ETF demand providing a structural demand floor absent in prior cycles. The Fear & Greed Index reads 76 (Extreme Greed), which historically warrants near-term caution about consolidation risk. The primary downside risk is a macro-driven risk-off event or sentiment reversal that could push BTC toward the $72,000 support level.
Current Bitcoin Market Snapshot
Bitcoin is trading at approximately $77,670 as of August 2026, up approximately 27% from the 2026 cycle low of ~$61,000. The 2026 correction brought BTC down roughly 51% from the ~$126,000 all-time high set in 2025 — a significant but historically precedented drawdown for a post-halving peak cycle. Market capitalization stands at approximately $1.54 trillion.
The Crypto Fear and Greed Index currently reads 76/100, classified as Extreme Greed. Extreme Greed readings have historically preceded short-term consolidations but do not reliably predict timing.
Bitcoin dominance, the percentage of the total cryptocurrency market capitalization held by Bitcoin, remains elevated at approximately 58%, suggesting capital remains concentrated in Bitcoin rather than rotating into altcoins.
Key Technical Indicators Driving the 7-Day Outlook
The RSI (Relative Strength Index) reads approximately 68 on the daily chart, placing Bitcoin in elevated bullish territory, approaching but not yet at the overbought threshold.
Key support sits at $72,000 (50-day moving average region) and $61,000 (the 2026 cycle low). Key resistance levels are at $82,000–$83,000 (near-term), $90,000 (mid-term), and $100,000 (major psychological level). The 200-day MA at $85,000 is the defining overhead obstacle for the week.
On-chain analysis shows cumulative US spot ETF net inflows exceeding $105 billion, with BlackRock's IBIT alone holding approximately $55 billion in AUM. This institutional demand floor is a structural feature of the current cycle that was absent in prior downturns.
Bitcoin's most recent halving occurred in April 2024. That halving cycle peaked at ~$126,000 in 2025 before the 2026 correction. The next — 5th — Bitcoin halving is expected in April 2028, now approximately 20 months away, and is already building as a narrative catalyst for the next accumulation phase.
What Analysts Are Forecasting for Bitcoin This Week
- Standard Chartered Digital Assets Research: States that "$100K may be too low" as a 2026 target, citing continued ETF inflows and growing institutional adoption.
- Bear case: $60,000–$80,000, consistent with the current price range.
- Base case: $90,000–$120,000, reflecting a continued recovery as the halving narrative builds.
- Bull case: $130,000–$150,000+, conditional on sustained macro stability and accelerating institutional demand.
Bitcoin Price Scenarios: Bullish Case and Bearish Case
Bullish scenario: If Bitcoin holds above $72,000 support and macro conditions remain stable, analysts project BTC could test the $82,000–$84,000 resistance zone within the next 7 days. A break above $83,000 would open a path toward the $90,000 mid-term target.
Bearish scenario: A failure to hold $72,000 support, triggered by a negative macro catalyst or profit-taking following the Extreme Greed sentiment reading, would shift the near-term outlook back toward the $61,000–$65,000 range.
For a daily updated technical view, see Bitcoin's 24-hour price prediction and the BTC price prediction for tomorrow.
Bitcoin vs. Gold: A Complete Head-to-Head Comparison
Bitcoin has delivered dramatically higher returns than gold over the past decade, but with significantly higher volatility and drawdowns. The 2026 cycle adds a new wrinkle: gold is now outperforming Bitcoin over both the 1-year and 5-year timeframes — an unusual reversal that challenges the assumption of Bitcoin's universal return dominance.
Gold's price (XAU/USD) currently stands near $4,650 per ounce, near historically elevated levels as of August 2026.
TABLE 1: Bitcoin vs. Gold Master Comparison
| Metric | Bitcoin | Gold |
|---|---|---|
| 10-Year Return (approx.) | ~+12,800% | ~+247% |
| 5-Year Return (approx.) | ~+69% | ~+158% |
| 3-Year Return (approx.) | ~+187% | ~+142% |
| 1-Year Return (approx.) | ~-22% | ~+41% |
| Annualized Volatility | ~55–75% | ~12–20% |
| Max Recent Drawdown | ~51% (2025 ATH to 2026 cycle low) | ~8% (2024–2026) |
| Daily Trading Volume | ~$45B | ~$165B (all forms) |
| Investment Vehicles | Exchanges, spot ETFs (US/EU/UK/HK/AU), futures, IRAs | Physical, ETFs (GLD/IAU), futures, mining stocks |
| Tax Treatment (US) | Property: 20% max long-term capital gains | Collectible: 28% max long-term rate |
| Regulatory Risk | Lower (MiCA fully implemented, well-established) | Low (well-established) |
Return figures as of August 2026. Past performance does not indicate future results.
The data reveals three decision-relevant contrasts in 2026: Bitcoin's 10-year return advantage remains extraordinary, but gold is outperforming Bitcoin over both 1-year and 5-year horizons — a rare reversal. Gold's continued climb to $4,650 while Bitcoin corrected 51% from its ATH illustrates the volatility gap starkly. Tax treatment still favors Bitcoin for long-term holders.
Historical Returns: Which Asset Has Made Investors More Money?
TABLE 2: Historical Returns Comparison
| Time Period | Bitcoin Return | Gold Return | Winner (Raw Returns) |
|---|---|---|---|
| 1 Year (Aug 2025–Aug 2026) | ~-22% | ~+41% | Gold |
| 3 Years (Aug 2023–Aug 2026) | ~+187% | ~+142% | Bitcoin |
| 5 Years (Aug 2021–Aug 2026) | ~+69% | ~+158% | Gold |
| 10 Years (Aug 2016–Aug 2026) | ~+12,800% | ~+247% | Bitcoin |
Figures reflect spot price changes only, not total return including yield. As of August 2026. Past performance does not indicate future results.
The 2026 data introduces important nuance: the 1-year and 5-year windows now favor gold. The 1-year comparison captures Bitcoin near ~$100,000 in August 2025 before the 2026 correction, versus gold at ~$3,300 in August 2025 before its continued climb to $4,650. The 5-year comparison begins at Bitcoin's August 2021 peak near $46,000, a historically expensive entry point. The 10-year comparison remains decisively in Bitcoin's favor.
Volatility: Understanding the Risk Gap Between Bitcoin and Gold
TABLE 3: Volatility and Risk Comparison
| Metric | Bitcoin | Gold |
|---|---|---|
| Annualized Volatility | ~55–75% | ~12–20% |
| Max Drawdown This Cycle | ~51% (~$126K ATH to ~$61K cycle low) | ~8% (2024–2026) |
| Worst Historical Drawdown | ~83% (2018) | ~45% (1980 peak to trough) |
| Risk Level Classification | High | Low to Medium |
A practical translation: a $10,000 Bitcoin position carried the risk of declining to approximately $4,900 during the most recent drawdown (the ~51% decline from the 2025 ATH to the 2026 cycle low). A $10,000 gold position declined roughly $800 in its worst recent bear phase — approximately the ~8% maximum drawdown across 2024–2026.
Store of Value: Is Bitcoin Really "Digital Gold"?
Store of Value Criteria: Bitcoin vs. Gold
| Criterion | Bitcoin | Gold |
|---|---|---|
| Scarcity | Fixed at 21 million coins; enforced by protocol | Finite but new supply added annually |
| Durability | Digital; indestructible as long as network operates | Physical; does not degrade |
| Divisibility | Divisible to 8 decimal places (satoshis) | Divisible but logistically complex at small sizes |
| Portability | Transferable globally in minutes | Requires physical transport; expensive and slow |
| Censorship Resistance | Permissionless; no entity can block transactions | Seizeable by governments; requires custodians |
Gold's safe-haven credentials are empirically validated: during the 2008 financial crisis, gold rose approximately 25% while the S&P 500 fell approximately 38%. Gold's continued climb to $4,650 in 2026 amid dollar weakness and geopolitical factors is the most recent confirmation of those properties.
Bitcoin's cycle low of ~$61,000 represents a dramatically higher floor than prior cycles' lows (e.g., ~$15,500 in 2022), suggesting meaningful structural support from institutional ETF demand. In currency crises, Bitcoin continues to function as a reliable hedge against sovereign monetary failure.
The verdict: Bitcoin has stronger theoretical store-of-value properties in scarcity, portability, and censorship resistance. Gold's 2024–2026 performance reinforces gold's empirical safe-haven credentials in the near term. Bitcoin is evolving into digital gold, but the 2026 cycle has been a reminder that evolution is not yet complete.
For further analysis of both assets' recent price performance and rally drivers, see why gold and Bitcoin are soaring — and how high they could go.
Inflation Hedge: Which Asset Protects Your Purchasing Power Better?
TABLE 4: Inflation Hedge Performance Test
| Period | US CPI Change | Gold Return | Bitcoin Return |
|---|---|---|---|
| 2021 | +7.0% | -3.6% | +59.7% |
| 2022 | +6.5% avg; peaked 9.1% Jun 2022 | -0.3% | -64.2% |
| 2023 | +3.4% | +13.1% | +154.9% |
Annual figures. Past performance does not indicate future results.
Gold's longer record is more supportive: gold maintained purchasing power across inflationary periods spanning more than 50 years, including the 1970s stagflation era. Gold's current climb to $4,650 reflects a confluence of safe-haven demand, dollar weakness, and geopolitical factors.
Bitcoin's theoretical inflation hedge case rests on its fixed supply relative to an expanding money supply. The Federal Reserve's ongoing rate cuts — bringing the current policy rate to 4.0% — have supported risk assets broadly and contributed to Bitcoin's recovery from the $61,000 cycle low.
The verdict: Gold has the stronger near-term empirical record as an inflation hedge, reinforced by gold's +41% performance over the past 12 months. Bitcoin's long-run returns have dramatically outpaced cumulative inflation over 10 years — with significantly higher risk.
Liquidity, Accessibility, and How to Buy Each Asset
Bitcoin trades 24 hours a day, seven days a week on global markets, with daily trading volumes exceeding approximately $45 billion. Gold trades approximately $165 billion daily across futures, ETFs, and spot markets, making gold the more liquid market in absolute terms.
Following the SEC's approval of spot Bitcoin ETFs in January 2024, the market has expanded dramatically. BlackRock's iShares Bitcoin Trust (IBIT) now holds approximately $55 billion in AUM, and cumulative US spot ETF net inflows have exceeded $105 billion since January 2024. Spot Bitcoin ETF products are now also available across the EU (under MiCA), the UK, Hong Kong, and Australia.
Tax Treatment: Bitcoin vs. Gold — What US Investors Need to Know
Bitcoin (IRS treatment): The IRS classifies Bitcoin as property. Long-term gains (held over one year) are taxed at 0%, 15%, or 20% depending on income bracket. Bitcoin is not currently subject to wash-sale rules, which creates a tax-loss harvesting advantage.
Gold (IRS treatment): The IRS classifies gold as a collectible. Long-term collectibles gains face a maximum rate of 28%, higher than the 20% maximum that applies to Bitcoin.
The practical implication: long-term Bitcoin holders face a lower maximum capital gains rate (20%) than long-term physical gold or gold ETF holders (28%).
Should You Invest in Bitcoin or Gold? A Guide by Investor Profile
For Long-Term Growth Investors (5-10+ Year Horizon, High Risk Tolerance)
Bitcoin's 10-year return of approximately +12,800% dwarfs every other major asset class, including gold's +247% over the same period. The current recovery phase — with BTC up ~27% from its 2026 cycle low and the April 2028 halving approximately 20 months away — presents a constructive backdrop for patient accumulators. A dollar-cost averaging (DCA) approach reduces timing risk for this profile. For aggressive growth portfolios, a Bitcoin allocation in the range of 10–20% is consistent with institutional guidance.
For Balanced Investors (Medium Risk Tolerance, 3-7 Year Horizon)
A Bitcoin allocation of 3–7% alongside a 3–5% gold allocation allows participation in Bitcoin's upside while limiting portfolio damage if Bitcoin undergoes further drawdown. Dollar-cost averaging into Bitcoin over 6–12 months further reduces timing risk.
For Capital Preservation and Defensive Investors (Low-to-Medium Risk Tolerance)
Gold's annualized volatility of 12–20% is a fraction of Bitcoin's 55–75% range. Its ~8% maximum drawdown across 2024–2026 compared to Bitcoin's 51% peak-to-trough decline is the sharpest illustration yet of the risk gap. A 5–10% gold allocation with 0–2% Bitcoin (if any crypto exposure is desired) is appropriate for this risk profile.
For Inflation Hedge Seekers
Gold has the stronger near-term empirical record as an inflation hedge, reinforced by gold's +41% performance over the past 12 months. Conservative inflation hedge seekers should lean toward gold. Investors with longer time horizons who can tolerate Bitcoin's volatility may find its long-run returns justify a modest allocation alongside gold.
Risk Profile and Investor Suitability: Quick Reference
TABLE 5: Investor Risk Profile and Suggested Allocations
| Risk Tolerance | Bitcoin Allocation | Gold Allocation | Primary Rationale |
|---|---|---|---|
| Low (capital preservation) | 0–2% | 5–10% | Stability and safe-haven priority |
| Medium (balanced growth) | 3–7% | 3–5% | Growth plus stability balance |
| High (aggressive growth) | 10–20% | 2–5% | Long-term return potential; DCA recommended |
These ranges are general illustrative frameworks. They are not personalized financial advice. Consult a qualified financial advisor before making any allocation decisions.
Can You Hold Both Bitcoin and Gold? The Case for Portfolio Diversification
The data suggests you do not have to choose. Bitcoin and gold have historically shown low correlation with each other (approximately 0.1 to 0.3), which means holding both can improve a portfolio's risk-adjusted return profile without simply doubling risk. In 2026, the divergence in their performance — gold up 41% over 12 months, Bitcoin down 22% — actually illustrates the diversification case: the two assets did not move together, and holding both would have meaningfully cushioned a Bitcoin-only portfolio.
How much of your portfolio should be in Bitcoin vs. gold?
| Portfolio Type | Bitcoin | Gold | Notes |
|---|---|---|---|
| Conservative (low risk) | 0–2% | 5–10% | Capital preservation focus |
| Balanced (medium risk) | 3–5% | 3–5% | Growth and stability balance |
| Growth/Aggressive (high risk) | 5–15% | 2–5% | Long-term growth focus |
General institutional guidance. Not personalized financial advice.
Spot Bitcoin ETFs, first approved by the SEC in January 2024 and now available across major global markets including the EU, UK, Hong Kong, and Australia, have made joint holding significantly more practical. Investors can now hold both gold ETFs (GLD, IAU) and spot Bitcoin ETFs (IBIT, FBTC) within the same traditional brokerage account.
How to Buy Bitcoin and Gold: Practical Investment Options
How to Buy Bitcoin
- Via Bybit: Trade BTC/USDT directly on Bybit Spot — 24/7 access with deep liquidity and competitive fees. Check current Bybit BTC promotions for additional trading benefits.
- Via a spot Bitcoin ETF: Products including the iShares Bitcoin Trust (IBIT, ~$55B AUM) and Fidelity Wise Origin Bitcoin Fund (FBTC) are available through most major brokerages with no crypto wallet required.
- Via other regulated exchanges: Coinbase and Kraken offer direct Bitcoin purchase. Self-custody via hardware wallet eliminates exchange counterparty risk.
- Via a Bitcoin IRA: For tax-advantaged retirement exposure. Consult a tax professional to evaluate suitability.
- Access the BTC/USDT pair on Bybit directly.
- Earn yield on held Bitcoin: Earn on your BTC holdings with Bybit Easy Earn — put idle Bitcoin to work while holding long term.
How to Buy Gold
- Gold ETF via brokerage account: Gold ETFs like GLD (SPDR Gold Shares) and IAU (iShares Gold Trust) are the simplest and most liquid form of gold exposure.
- Physical gold coins or bars: Provides direct ownership but requires secure storage and insurance.
- Gold mining stocks: Equity proxies that provide indirect gold exposure with company-specific risk.
- Gold futures: For sophisticated investors with futures trading experience.
Frequently Asked Questions
Will Bitcoin go up or down in the next 7 days?
Based on current technical indicators — including an RSI reading near 68 and a recovery of approximately 27% from the 2026 cycle low of $61,000 — the near-term probability leans modestly bullish within the $73,000–$84,000 weekly range. The primary downside risk is a macro-driven sell-off pushing BTC below the $72,000 support level. The Extreme Greed reading of 76 also warrants caution about short-term consolidation.
Is Bitcoin better than gold as an investment?
It depends on the time horizon. Over 10 years, Bitcoin has delivered approximately +12,800% versus gold's +247% — a decisive edge for Bitcoin. Over 1 year and 5 years as of August 2026, gold is actually outperforming Bitcoin: gold returned +41% over the past year versus Bitcoin's -22%, and +158% over five years versus Bitcoin's +69%. For risk-tolerant investors with a 10-year horizon, Bitcoin's historical returns have been extraordinary. For investors with shorter time horizons or lower risk tolerance, gold has been the stronger performer in the current cycle.
Is Bitcoin safer than gold?
No. Bitcoin's annualized volatility of approximately 55–75% is three to five times higher than gold's 12–20% range. The current cycle saw Bitcoin draw down approximately 51% from its 2025 all-time high; gold's worst recent drawdown was approximately 8%. For capital preservation and lower short-term risk, gold is substantially the safer asset.
Is Bitcoin considered digital gold?
Bitcoin shares key properties with gold: scarcity through its fixed 21-million-coin supply, portability, and divisibility. Bitcoin's regulatory standing has strengthened substantially with MiCA fully implemented in Europe, and spot ETFs available across the US, EU, UK, Hong Kong, and Australia. However, gold's behavior in 2026 — climbing to $4,650 while Bitcoin corrected 51% — is a reminder that Bitcoin's safe-haven properties, while improving, are not yet fully equivalent to gold's.
Is now a good time to buy Bitcoin?
From a near-term perspective, current technical indicators lean cautiously constructive — with RSI around 68, a 27% recovery from the cycle low, and institutional ETF demand providing a structural floor — though the Extreme Greed sentiment reading of 76 warrants caution. From a long-term perspective, the current phase — approximately 20 months before the next halving in April 2028 — historically represents a constructive accumulation window for patient investors. Dollar-cost averaging reduces timing risk. This is not personalized financial advice; consult a qualified advisor before acting.
Is gold still a good investment?
Yes. Gold remains a particularly strong allocation in 2026, having climbed to approximately $4,650 per ounce and delivering +41% over the past 12 months. Gold has provided capital preservation, portfolio diversification, and safe-haven performance during the same period that Bitcoin corrected sharply. Its lower volatility and 5,000-year monetary track record make it a defensible core holding in a diversified portfolio.
What percentage of my portfolio should be in Bitcoin vs. gold?
Conservative investors: 0–2% Bitcoin, 5–10% gold. Balanced portfolios: 3–5% Bitcoin, 3–5% gold. Growth-oriented investors: 5–15% Bitcoin, 2–5% gold. These are general illustrative frameworks, not personalized financial advice.
Can I hold both Bitcoin and gold in my investment portfolio?
Yes. Bitcoin and gold have historically shown low correlation (approximately 0.1–0.3), meaning they often move independently — a property the 2026 cycle has demonstrated clearly. With spot Bitcoin ETFs now available across the US, EU, UK, Hong Kong, and Australia, investors can hold both gold ETFs and Bitcoin ETFs within a single traditional brokerage account.
What is a Bitcoin ETF and how does it differ from buying Bitcoin directly?
A spot Bitcoin ETF is a fund traded on traditional stock exchanges that tracks Bitcoin's price, allowing investors to gain exposure without directly buying or storing cryptocurrency. BlackRock's IBIT holds approximately $55 billion in AUM, and cumulative US net inflows have exceeded $105 billion. ETF holders do not directly own Bitcoin; they hold shares in a fund that holds Bitcoin on their behalf. Direct ownership gives control without counterparty risk but requires managing custody and private keys.
Why do some investors prefer gold over Bitcoin?
Many investors prefer gold because of its 5,000-year track record, substantially lower volatility, physical tangibility, and established role as a safe-haven asset. Gold's 2026 performance — +41% over 12 months while Bitcoin fell 22% — has reinforced those preferences for conservative investors.
How are Bitcoin and gold taxed differently in the United States?
Bitcoin is classified as property by the IRS. Long-term Bitcoin gains face a maximum 20% capital gains rate. Gold and gold ETFs like GLD and IAU are classified as collectibles, subject to a maximum 28% long-term rate — higher than Bitcoin's maximum. Bitcoin is not currently subject to wash-sale rules, creating a tax-loss harvesting advantage. Tax rules vary by jurisdiction; consult a qualified tax professional for advice specific to your situation.
Bitcoin vs. Gold in 2026: Making Your Investment Decision
2026 is one of the first years in Bitcoin's history where gold is outperforming over both the 1-year and 5-year horizons, and the right allocation depends on your risk profile and time horizon more than ever.
Based on current technical indicators, the near-term Bitcoin forecast leans cautiously constructive within the $73,000–$84,000 weekly range. The recovery from the $61,000 cycle low, spot ETF institutional inflows exceeding $105 billion cumulative, BlackRock IBIT holding ~$55 billion in AUM, and the approaching 5th halving narrative for April 2028 all provide a constructive backdrop. However, an Extreme Greed sentiment reading of 76 and potential macro headwinds mean a consolidation toward the $72,000 support level remains a plausible near-term scenario.
On the longer-term comparison: Bitcoin's 10-year return of +12,800% still dwarfs gold's +247% over the same period. But gold's current +41% annual return, +158% over five years, and ~8% maximum drawdown in this cycle stand in sharp contrast to Bitcoin's -22% annual return, +69% over five years, and 51% maximum drawdown. For most 2026 portfolios, both assets deserve consideration — gold for near-term stability and safe-haven performance, Bitcoin for long-term accumulation ahead of the next halving cycle.
Before making any allocation decision, review the investor profile recommendations above to find your appropriate allocation range, and consult a qualified financial advisor to align these frameworks with your specific financial situation.
Next steps:
- Check the current Bitcoin price and near-term prediction context, updated weekly
- Review the investor profile recommendations above to find your suggested allocation range
- Trade Bitcoin on Bybit — access the BTC/USDT pair with competitive fees and deep liquidity
- Consult a qualified financial advisor before making any investment decision
This article is for informational purposes only and does not constitute financial advice. Bitcoin and gold investments carry risk, including the possible loss of principal. Past performance is not indicative of future results. Last Updated: August 2026.