Gold ETFs Face Bleak Outflows, While Bitcoin ETFs Shine with Inflows

Gold-tracking exchange-traded funds (ETFs) find themselves in a challenging situation this year, witnessing substantial outflows totaling $2.4 billion, according to Bloomberg intelligence analyst Eric Balchunas. In stark contrast, Bitcoin ETFs have experienced a surge in popularity, accumulating aggregate inflows of $3.89 billion in 2024, as reported by preliminary data from Farside. Gold ETF Struggles Out … Continue reading "Gold ETFs Face Bleak Outflows, While Bitcoin ETFs Shine with Inflows" The post Gold ETFs Face Bleak Outflows, While Bitcoin ETFs Shine with Inflows appeared first on Cryptoknowmics-Crypto News and Media Platform .