In 5 weeks, 9 billion dollars influx into BTC ETF… 2.8 billion dollars outflow from Gold ETF

Amidst the continued interest of institutional investors in the cryptocurrency market, the fund flows between Bitcoin (BTC) ETF and Gold ETF show a stark contrast. According to Unfolded, over the last five weeks, a whopping 9 Billion Dollars (approximately 12 Trillion Won) have flowed into the BTC ETF, whereas during the same period, 2.8 Billion Dollars have flowed out of the Gold ETF.

This is interpreted as a signal that Bitcoin is gradually establishing itself as ‘Digital Gold’ in the asset market. Particularly, there is an analysis that BTC is taking over the traditional roles of gold as an inflation hedge and safe asset.

Meanwhile, as the US presidential election approaches, there is a possibility that the inflow of the BTC Spot ETF will accelerate with the anticipation of Bitcoin-friendly policies. The trend of institutional investors adjusting their portfolios from existing safe assets to Bitcoin is expected to continue for the time being.