Record $7B flows into gold and Bitcoin ETFs amid U.S. fiscal concerns

Investors are increasingly purchasing gold and Bitcoin due to rising concerns over U.S. fiscal conditions and national debt. A record 7000 million dollars flowed into gold and Bitcoin ETFs in the past five trading days. Approximately 3400 million dollars was invested in State Street Investment Management’s SPDR Gold Shares (GLD), while 1500 million dollars went into BlackRock’s spot Bitcoin ETF (IBIT). These two products ranked among the top 10 U.S.-listed ETFs by weekly inflows. The simultaneous surge in funds into both gold and Bitcoin is notable, as historically, gold has been viewed as a safe-haven asset during market stress, while Bitcoin received less attention. However, recent concerns regarding increased U.S. government borrowing, the value of the dollar, and efforts to suppress long-term interest rates have led to a rise in both assets.

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