Funds traded on US gold exchanges are once again leading the managed assets after being temporarily retired by new Americans Bitcoin ETFa result of a record high and recent slump in BTC.
American ETFs that give investors touching gold prices collectively manage nearly $150 billion in assets, Vettafi data show. 11 Bitcoin ETF-Approved By last year’s SEC, it now has over $93 billion in assets under management.
In December, the Bitcoin ETF temporarily overtaked their gold counterparts, According to The K33 study was widely expected to boost the digital asset industry thanks to rising cryptocurrency prices following President Donald Trump’s election.
Bitcoin surged at nearly $109,000, the highest ever in his January Inauguration ceremony. But it steadily lost ground and recently traded around $84,000, down about 25% from that record.
BTC prices on Friday are valuable metals strike A record of $3,014 per ounce due to fear of new president investors Trade wars Look for more unstable investments. Gold is a traditional safe asset that is preferred during periods of economic turbulence.
Bitcoin has been traded primarily over the past year, like high-tech stocks and other risk-on assets.
“Bitcoin has some safe shelter quality, but these days it’s acting like a risky asset, so we’ve seen more leaks in those spot ETFs.” Decryption, Look at Gold’s position as an inflation hedge into the “current environment” and as a safe bow investment.
The new Bitcoin ETF has broken last year’s expectations after the market flooded with new capital from investors previously locked out of the crypto investment world. Funds I violated all at once The $3 billion net flow will drive the launch of gold ETFs 20 years ago, just a month after they began trading.
But traders who are concerned about macroeconomic uncertainty and Trump’s policies have led to massive outflows this year, including his tariffs on favourable trading partners, which helped push the price of Bitcoin down.
Still, this trend could soon turn around, says Bloomberg ETF analyst Eric Bulknas, because Bitcoin is a real “hot sauce.”
“It really doesn’t reflect the interests of our customers,” he said.
“Most ordinary people want stocks, bonds, spices. They want something really speculative. For me, gold is not a hot sauce and the fact that Bitcoin can act as a hot sauce has been much better than gold in the past year, even if gold is rising.”
“I don’t think gold will ever be a hot sauce,” he said. Gold won the battle, but added that Bitcoin can win the war in the medium to long term.
Edited by James Rubin
