Cryptopolitan
2024-02-15 06:01:16

Gold ETFs see massive outflows as Bitcoin ETFs flourish

In a notable divergence in investment trends, leading gold-tracking exchange-traded funds (ETFs) have encountered substantial outflows totaling $2.39 billion since the beginning of the year. This decline comes amidst a downward trajectory in the spot price of gold, marking a challenging period for traditional gold investments. Bloomberg intelligence analyst Eric Balchunas reported that the top

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