Bitcoin ETFs See $9 Billion Inflows Amid Escalating Shift Away From Gold

Recent trends in the Bitcoin ETFs market reveal a significant shift in investor sentiment, with funds flowing into BTC exchange-traded funds while gold-backed funds experience notable outflows. Bitcoin ETFs Emerge As Preferred Safe Haven According to a Bloomberg report, US Bitcoin ETFs have attracted over $9 billion in inflows in the past five weeks, primarily driven by BlackRock Inc. ’s iShares Bitcoin Trust ETF (IBIT). In contrast, gold-backed funds have seen outflows exceeding $2 source: https://www.newsbtc.com/bitcoin-news/bitcoin-etfs-see-9-billion-inflows-amid-escalating-shift-away-from-gold/