Investor Shift from Gold ETFs to Bitcoin ETFs as BTC Remains at $95K
- Research indicates a significant movement of capital from spot gold ETFs to bitcoin ETFs.
- The shift is attributed to changing investor sentiment favoring cryptocurrencies over traditional assets.
- Bitcoin maintains a strong position, holding firm at $95K during the observed period.
Standard Chartered Bank’s research highlights a notable trend of investors reallocating funds from gold ETFs to bitcoin ETFs, with Bitcoin consistently valued at $95K.
Source (2.6)https://news.bitcoin.com/btc-holds-firm-at-95k-as-bitcoin-etfs-gain-ground-on-gold-etfs/?rand=52384
