Gold

Bitcoin

<ul> 
 <li>Bitcoin and Gold are once again in the spotlight as both asset classes reached fresh all-time highs on Tuesday, March 5th.</li> 
 <li>Bloomberg’s Senior ETF Strategist Eric Balchunas quickly highlights the impact of significant inflows into Bitcoin ETFs.</li> 
 <li>While Gold has experienced a significant recovery in prices, investor interest seems to be lacking.</li> 
</ul> 
<p><strong>As massive inflows into spot Bitcoin ETFs attract the attention of institutional investors in the U.S., investors wonder if they can surpass Gold ETFs.</strong></p> 
<h2 id="strong-comparison-of-bitcoin-and-gold-etfs-strong"><strong>Comparison of Bitcoin and Gold ETFs</strong></h2> 
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-126532" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-35.webp?resize=696%2C392&amp;quality=70&amp;ssl=1" alt="Bitcoin-BTC" width="696" height="392" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-35.webp?w=1280&amp;quality=70&amp;ssl=1 1280w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-35.webp?resize=300%2C169&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-35.webp?resize=1024%2C576&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-35.webp?resize=768%2C432&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-35.webp?resize=150%2C84&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-35.webp?resize=696%2C392&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Bitcoin-BTC-35.webp?resize=1068%2C601&amp;quality=70&amp;ssl=1 1068w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></p> 
<p>Bitcoin and Gold are once again in the spotlight as both asset classes reached fresh all-time highs on Tuesday, March 5th. On the other hand, massive inflows into spot Bitcoin ETFs continue, and the daily trading volume surpasses $10 billion.</p> 
<p>Bloomberg’s Senior ETF Strategist Eric Balchunas quickly highlights the impact of significant inflows into Bitcoin ETFs. As a groundbreaking development in the cryptocurrency market, there are now over $50 billion in assets in ten Spot Bitcoin Exchange-Traded Funds (ETFs).</p> 
<p>This achievement comes just seven weeks after the ETFs were initially introduced to the market with assets below $30 billion. While approximately $8 billion of the total assets are attributed to investor inflows, the rest is due to the appreciation of Bitcoin’s value.</p> 
<p>Balchunas added that if these ETFs maintain their current momentum and add $10 billion in assets monthly—which is considered an extraordinary and possible scenario depending on Bitcoin’s price trend—they could potentially surpass the managed assets of gold ETFs by the summer.</p> 
<p>However, comparing them to gold ETFs reveals a significant variable. Despite a substantial recovery in Gold prices, investor interest appears to be lacking. In particular, the largest gold ETF, $GLD, has experienced consecutive outflows every week since the beginning of the year, according to Balchunas’s reports.</p> 
<h2 id="strong-both-bitcoin-and-gold-to-benefit-from-fed-policy-strong"><strong>Both Bitcoin and Gold to Benefit from Fed Policy</strong></h2> 
<p>The new all-time highs for Bitcoin and gold are causing some turmoil in global market risk appetite. Bitcoin has surged nearly 50% this year, partly as a result of increased investments in new U.S. exchange-traded funds focused on the digital currency.</p> 
<p>On the other hand, the increase in gold prices may indicate that investors are adopting a defensive stance amid concerns about geopolitical tensions or potential corrections after a long growth period in global stock markets. Chris Weston, Research Head at Pepperstone Group Ltd., stated:</p> 
<p>“Gold has had a big move overnight, volumes are very large – I’ve had a lot of client calls asking what’s going on.” Fast-money investors “are buying the momentum, and we’re seeing it in Bitcoin too.”</p> 
<p>Both Bitcoin and gold are seen as potential beneficiaries of expected looser monetary policies. Market swaps indicate a 62% probability of a Federal Reserve interest rate cut in June, an increase from the 58% probability at the end of February.</p> 
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Can Bitcoin ETFs Surpass Gold ETFs? Potential Scenarios!

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