Tag: Gold

Gold ETFs Bleed $2.39 Billion Amid Bitcoin ETFs' Soaring $4.1 Billion Inflows

Gold ETFs Bleed $2.39 Billion Amid Bitcoin ETFs’ Soaring $4.1 Billion Inflows

In a notable trend shift, while spot Bitcoin exchange-traded funds (ETFs) have been attracting significant inflows since their January launch, major gold-tracking ETFs are experiencing substantial outflows, amounting to $2.39 billion since the beginning of the year.  Bloomberg Senior Intelligence Analyst Eric Balchunas highlighted this divergence in investor sentiment, reporting ...

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