Markets, Bitcoin ETF, Gold Rising gold costs and robust bitcoin ETF outflows have pushed gold ETFs forward as the dear metallic costs hit report. 

Gold exchange-traded funds (ETFs) have overtaken bitcoin ETFs in belongings underneath administration as buyers shift towards the normal safe-haven asset as BTC value tumbled greater than 19% over the previous three months, whereas the dear metallic climbed 12.5%.

Bitcoin ETFs, which noticed vital inflows following their U.S. launch in January final yr, have skilled main outflows, shedding about $3.8 billion since Feb. 24 of this yr, in accordance with Farside Investors information. Meanwhile, gold ETFs recorded their highest monthly inflows since March 2022 final month, in accordance with the World Gold Council.

These flows have meant that gold ETFs have now “reclaimed the asset crown over bitcoin ETFs,” as Bloomberg Senior ETF analyst Eric Balchunas stated on social media.

Spot bitcoin ETFs listed within the U.S. first surpassed gold ETFs in belongings underneath administration in December 2024 because the cryptocurrency market surged after Donald Trump’s victory within the U.S. presidential elections.

Meanwhile, gold has been seeing a big run. This Friday, it exceeded the $3,000 per ounce mark for the primary time ever, with gold futures for April supply breaking by means of the identical stage earlier within the week.

Market volatility and geopolitical uncertainty have been serving to the value of the dear metallic rise as demand for a secure haven continues to develop.
Read extra: Gold’s Historic Rally Leaves Bitcoin Behind, But the Trend May Reverse

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