Gold and Bitcoin ETFs Draw Record $7B as U.S. Fiscal Worries Mount
BitcoinWorld Gold and Bitcoin ETFs Draw Record $7B as U.S. Fiscal Worries Mount Investors poured a record $7 billion into gold and Bitcoin exchange-traded funds over the past five trading days, according to Bloomberg data, as concerns over U.S.
fiscal conditions and the national debt drive demand for scarce assets. The simultaneous surge marks a notable shift in investor behavior, with both traditional safe-haven gold and the often-volatile cryptocurrency attracting significant capital at the same time.
Record Inflows into GLD and IBIT Bloomberg reported that approximately $3.4 billion flowed into State Street Investment Management’s SPDR Gold Shares (GLD), while BlackRock’s spot Bitcoin ETF (IBIT) saw $1.5 billion in inflows.
These two products ranked among the top 10 U.S.-listed ETFs by weekly inflows, underscoring the scale of investor interest. The combined $7 billion inflow over five trading days represents a record for these asset classes, according to the data.
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