Svmuu News: Eric Balchunas, a senior ETF analyst at Bloomberg, said on X that the gold ETF SPDR Gold Shares (GLD) has seen nearly $15 billion in outflows since March 1,a figure that is actually about 50% higher than the cumulative outflows from all spot Bitcoin ETFs since their peak last October.
Analysts believe the gold market is undergoing an “After the Gold Rush” phase of capital reallocation.Previously, as geopolitical risks, inflation concerns, and demand for safe-haven assets intensified, gold ETFs attracted substantial capital inflows and drove up gold prices. In contrast, the spot Bitcoin ETF experienced massive capital inflows after its approval, but capital flows have been volatile recently amid increased market volatility.
The massive redemptions from gold ETFs reflect that some investors are rebalancing their allocations to safe-haven assets, and whether funds are flowing into digital assets such as Bitcoin will become a key focus for the market going forward.