In the last three months, demand for gold-focused exchange-traded funds (ETFs) has skyrocketed, while Bitcoin $84,415 ETFs have seen massive outflows. Gold prices have increased by 12.5%, whereas Bitcoin has experienced a nearly 19% drop. Due to market uncertainties, investors are gravitating towards traditional safe havens.
High Withdrawals from Bitcoin ETFs
Since entering the U.S. market in January 2024, Bitcoin ETFs had attracted significant inflows. However, approximately $3.8 billion in outflows since February 24 indicate a substantial decline in interest towards these funds. The drop in Bitcoin prices is considered one of the primary reasons for these withdrawals.
Spot Bitcoin ETFs listed in the U.S. briefly surpassed gold ETFs in December 2024. However, recent market developments have reversed this trend. Increased volatility, political events, and macroeconomic uncertainties have led investors to prefer assets they perceive as safer over Bitcoin.
Record Investment Flow into Gold ETFs
Demand for gold ETFs has reached unpr…

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