Summary
- It has been suggested that the gap in fund inflows between gold exchange-traded funds(ETF) and Bitcoin spot ETF is narrowing.
- According to a Bloomberg ETF analyst, the gold ETF GLD had $3.3 billion in inflows this week, ranking first among all ETFs.
- He said that year-to-date inflows are led by Bitcoin ETF, but the gap is gradually narrowing.
Opinions have emerged that the gap in fund inflows between gold exchange-traded funds (ETFs) and Bitcoin (BTC) spot ETFs is narrowing.
On the 3rd (local time), Bloomberg ETF analyst Eric Balchunas said on X (formerly Twitter), "The gold ETF GLD had $3.3 billion in inflows this week alone, ranking first in overall ETF inflows." He added, "Year-to-date inflows are far ahead for the Bitcoin ETF," but "the gap is gradually narrowing."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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