According to Bloomberg on Thursday, ETFs tracking gold and Bitcoin collectively attracted approximately $7 billion in inflows over the past five trading days, setting a new historical record. Among them, State Street Global Advisors' SPDR Gold ETF (GLD) attracted nearly $3.4 billion, while BlackRock's iShares Bitcoin Trust ETF (IBIT) recorded $1.5 billion, with both ranking among the top U.S. ETF inflows this week. The immediate trigger for this wave of capital was U.S. Treasury Secretary Scott Bessent's announcement of plans to at least double the size of long-term Treasury buybacks, sparking market concerns about the sustainability of U.S. finances and prompting investors to turn to scarce assets like gold and Bitcoin to hedge against risk.