Gold ETFs saw a net outflow of $2.92 billion in one month, while Bitcoin spot ETFs experienced a net inflow of $1.32 billion. These numbers are interesting: not all the money flowing out of gold went into Bitcoin, but Bitcoin is definitely eroding the faith in gold as a safe haven. The throne of thousands of years as the king of safe assets is being shaken by a string of code.


The label "alternative assets" now seems like a joke. The same people who once said Bitcoin was a toy or a scam are now writing research reports on "Bitcoin transforming into a mainstream investment tool." Institutions are still evaluating it publicly, but internally they’ve already entered the market.
Of course, it’s still too early to draw conclusions—$1.3 billion in 30 days is just a drop in the bucket compared to the decades-long volume of gold ETFs. But trends are like that: looking back reveals the trend, looking forward is just gambling. Capital is betting on who will be the main player in the next round.
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