Bitcoin · Bitcoin ETF · Bloomberg · CryptoSlate
Investors just moved $7 billion into Bitcoin and gold in five days to escape an accelerating dollar crisis
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
Gold and Bitcoin exchange-traded funds (ETFs) drew roughly $7 billion over five US trading sessions, a record combined haul that puts both assets at the center of a renewed investor push for protection against currency weakness and mounting fiscal pressure.
Key facts
- About $3.4 billion of this capital went into SPDR Gold Shares (GLD) while BlackRock’s iShares Bitcoin Trust (IBIT) attracted roughly $1.5 billion
- Bloomberg Intelligence analyst Eric Balchunas said the five-day total was easily a record for the pair, with both GLD and IBIT ranking among the 10 biggest US ETFs by weekly inflows
- A 60/40 portfolio is 100% exposed to fiat currency,” Hougan said, arguing that investors are increasingly looking for a modest source of diversification as fiscal uncertainty rises
- Treasury’s Aug. 19 decision to at least double the maximum size of liquidity-support buybacks for longer-dated securities to $4 billion per operation added to that backdrop
Summary
01 Bitcoin and gold ETFs attracted roughly $7 billion across five US trading sessions, setting a record combined inflow. 02 The surge concentrated in GLD and IBIT, reflecting renewed demand for scarce assets amid US debt and currency concerns. 03 Whether Bitcoin can retain inflows if the dollar strengthens or real yields rise will test its defensive status relative to gold. About $3.4 billion of this capital went into SPDR Gold Shares (GLD) while BlackRock’s iShares Bitcoin Trust (IBIT) attracted roughly $1.5 billion.