ChainCatcher news, despite gold prices hitting new highs and the Federal Reserve continuing to ease monetary policy, investors have sold off gold ETFs for the fourth consecutive year in 2024. Although optimism about the Federal Reserve's interest rate cuts in 2024 helped gold ETFs rebound slightly, the results of the November U.S. elections ended this new momentum. After Trump won the election, the dollar strengthened, leading to another sell-off of these ETFs, and gold prices fell from historical highs as investors shifted their funds to other areas, including stocks and Bitcoin. During times of political and economic uncertainty, investors typically seek refuge in gold.Meanwhile, the geopolitical risks brought about by the conflicts in Ukraine and the Middle East have prompted central banks in emerging markets, Asian investors, and consumers to purchase physical gold as a means of portfolio diversification and hedging. These factors have led to a decline in demand for gold ETFs. (Jin Shi)

ChainCatcher 消息，据 Bitcoin News 报道，据统计，2024 年比特币与黄金 ETF 资金流入情况如下： 比特币：净流入 368 亿美元； 黄金：净流入 4.54 亿美元。 前者约为后者的 81 倍。

ChainCatcher news, K33 Research Director Vetle Lunde stated, "In the United States, the assets under management of Bitcoin ETFs ($129.3 billion) have surpassed those of gold ETFs ($128.9 billion). Despite having a 20-year head start, gold has now been overtaken."

ChainCatcher news, CryptoQuant founder Ki Young Ju posted on social media that data shows BlackRock's Bitcoin spot ETF (IBIT) has surpassed its gold ETF in assets under management, with billions of dollars flowing into the Bitcoin market weekly. SmartMoney already knows which is better, with gold's market cap at $17 trillion and Bitcoin's market cap at $2 trillion.

ChainCatcher news, according to Nate Geraci, president of The ETF Store, the assets of BlackRock's Bitcoin exchange-traded fund iShares Bitcoin ETF (IBIT) have surpassed those of its gold exchange-traded fund iShares Gold ETF (IAU).Geraci stated on social media: "The assets of the iShares Bitcoin ETF (IBIT) have now surpassed those of the iShares Gold ETF (IAU). This achievement took only 10 months. In comparison, IAU was launched in January 2005. This development is absolutely astonishing."

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on the X platform stating, "The total net inflow for Bitcoin ETFs has surpassed $20 billion for the first time (this is the most important and hardest-to-grow metric in the ETF space), with a net inflow of $1.5 billion last week.In comparison, it took gold ETFs about 5 years to reach the same amount. The total assets of Bitcoin ETFs are now $65 billion, also a new high."

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X: "This year, the overall inflow performance of ETFs has been very good. IBIT (Blackrock's Bitcoin spot ETF) ranks third, with a net inflow of $20 billion this year; the most popular gold ETF is GLD, which currently has assets under management of $68.88 billion; in comparison to the most popular gold ETF, the assets under management of BTC's ETF could still triple."

ChainCatcher news, The ETF Store president Nate Geraci predicts that by this time next year, the assets of spot cryptocurrency ETFs will exceed those of physical gold ETFs.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on the X platform that the size of silver ETFs is about 15% of gold ETFs, and the size of Ethereum ETFs may be similar to silver. Many people may not feel the need to go beyond Bitcoin/gold to allocate their cryptocurrency/precious metal portfolios.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated that Bitcoin ETFs will eventually surpass gold ETFs, and the only thing that could disrupt this is some kind of black swan event. The current allure of these ETFs is beyond imagination.As long as the price of Bitcoin continues to rise (three to four days a week), I really don't see anything that will slow down this trading for a while, as it is now spiraling upwards and somewhat reliant on the price of Bitcoin. The higher the price, the more people experience FOMO and become interested, and the more inflow there is, the higher the price goes.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan posted on X platform that the cumulative net inflow of Bitcoin spot ETFs reached $1.7 billion over 14 trading days, surpassing the cumulative net inflow of $1.3 billion for gold ETFs during the same period.