Gold ETFs Witness $2.4 Billion Outflows Amid Bitcoin ETF Surge
In contrast to Bitcoin-tracking exchange-traded funds (ETFs), gold-tracking ETFs have witnessed significant outflows this year. On February 14, Eric Balchunas, an analyst at Bloomberg Intelligence, disclosed that gold ETFs in the top 14 rankings have experienced a combined outflow of $2.4 billion since January. BlackRock’s iShares Gold Trust Micro and iShares Gold Trust experienced significant […]
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