Bitcoin ETF inflows surge, threatening gold’s reign as store-of-value
Bitcoin ETF inflows surge, threatening gold’s dominance. Divergence in fund flows: Bitcoin gains, gold loses. Bitcoin acts as a ‘risk-on’ investment and a safe-haven asset. In a seismic shift within the financial landscape, Bitcoin is rapidly gaining ground as a store- of-value asset, challenging its traditional counterpart, gold . Recent data reveals a substantial surge in spot Bitcoin ETF in flows , particularly in the United States, setting the stage for a potential challenge to gold ’s historical dominance. This shift not only signals a changing tide in investment preferences but also prompts speculation about Bitcoin’s long-term disruptive potential. Bitcoin ETFs vs gold: the growing divergence The past week has witnessed an impressive surge in spot Bitcoin ETF inflows, culminating in a near 10% increase in Bitcoin’s price. Notably, the lion’s share of these new investments is pouring into US-based ETFs, refle...