“Rising Gold Prices and Strong Bitcoin Etf Outflows Have Pushed Gold Etfs AHEAD as The Prelimus Metal Prices Hit Record.”, – WRITE: www.coindesk.com
Bitcoin Etfs, whoh saw significant inflows folllowing their USA Launch in January Last Year, Have ExperienCed Major Outflows, Lozing About $ 3.8 Billion Since Feb. 24 of this year, accounting to farside investors data. Meanwhile, Gold Etfs Recorded Their Highest Monthly Inflows Since March 2022 Last Month, Accounting To The World Gold Council.
These Flows Have Meant That Gold Etfs Have Now “Reclaimed The Asset Crown Over Bitcoin Etfs,” as Bloomberg Senior Etf Eric Balchunas SAID on Social Media.
The Empire Strikes Back: Gold Etfs have reclaimed the asset Crown over Bitcoin etfs thanks to 12% of Gain this year. https://t.co/ls67z5sis5
– Eric Balchunas (@ericBalchunas) March 14, 2025
SPOT BITCOIN ETFS LISTED IN THE US FIRST SURPASSED GOLD ETFS IN Assets Under Management in December 2024 As The Cryptocurrency Market Surged After Donald Trump’s Victory.
Meanwhile, Gold Has Been Seeing A Significant Run. This Friday, It Exceed The $ 3,000 per Opence Mark for the FIRST TIME EVER, WITH GOLD FUTures for April Delivery Breaking Through The Same Level Earlier in The Week.
Market Valativity and Geoplitical Uncertainty have been Helping the Price of the Precious Metal Rise As Demand for a Safe Haven Continues to Grow.
Read More: Gold’s Historic Rally Leaves Bitcoin Behind, But The Trend May Reverse
