Gold ETFs Outshine Bitcoin ETFs as Precious Metal Hits Record Highs
Gold exchange-traded funds (ETFs) have reclaimed the top spot over Bitcoin ETFs as investors turn to the stability of gold amid Bitcoin’s recent downturn.
Over the past three months, Bitcoin has plunged 19%, while gold has gained 12.5%, attracting renewed investor interest. Data from Farside Investors shows that Bitcoin ETFs have faced $3.8 billion in outflows since Feb. 24, while gold ETFs saw their largest inflows since March 2022, according to the World Gold Council.
Bloomberg’s Senior ETF Analyst Eric Balchunas highlighted that gold ETFs have now “reclaimed their lead” over Bitcoin ETFs, which had briefly surpassed them in December 2024 during Bitcoin’s election-driven rally.
Gold’s rally gained momentum this week, with prices soaring past $3,000 per ounce for the first time in history. April gold futures also broke through the same level, underscoring strong bullish sentiment.
Experts cite ongoing geopolitical risks and economic uncertainty as key drivers behind gold’s surge, reinforcing its reputation as a reliable hedge in turbulent times.
