Bitcoin
Bitcoin (BTC)
$69,246.00 2.73432
Bitcoin price
Ethereum
Ethereum (ETH)
$3,802.53 1.25513
Ethereum price
BNB
BNB (BNB)
$598.46 0.61923
BNB price
Solana
Solana (SOL)
$170.93 0.63723
Solana price
XRP
XRP (XRP)
$0.5247610 -0.15699
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000266 -4.44836
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000149 1.08289
Pepe price
Bonk
Bonk (BONK)
$0.0000353 -4.95737
Bonk price
Bitcoin
Bitcoin (BTC)
$69,246.00 2.73432
Bitcoin price
Ethereum
Ethereum (ETH)
$3,802.53 1.25513
Ethereum price
BNB
BNB (BNB)
$598.46 0.61923
BNB price
Solana
Solana (SOL)
$170.93 0.63723
Solana price
XRP
XRP (XRP)
$0.5247610 -0.15699
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000266 -4.44836
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000149 1.08289
Pepe price
Bonk
Bonk (BONK)
$0.0000353 -4.95737
Bonk price
Bitcoin
Bitcoin (BTC)
$69,246.00 2.73432
Bitcoin price
Ethereum
Ethereum (ETH)
$3,802.53 1.25513
Ethereum price
BNB
BNB (BNB)
$598.46 0.61923
BNB price
Solana
Solana (SOL)
$170.93 0.63723
Solana price
XRP
XRP (XRP)
$0.5247610 -0.15699
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000266 -4.44836
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000149 1.08289
Pepe price
Bonk
Bonk (BONK)
$0.0000353 -4.95737
Bonk price
Bitcoin
Bitcoin (BTC)
$69,246.00 2.73432
Bitcoin price
Ethereum
Ethereum (ETH)
$3,802.53 1.25513
Ethereum price
BNB
BNB (BNB)
$598.46 0.61923
BNB price
Solana
Solana (SOL)
$170.93 0.63723
Solana price
XRP
XRP (XRP)
$0.5247610 -0.15699
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000266 -4.44836
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000149 1.08289
Pepe price
Bonk
Bonk (BONK)
$0.0000353 -4.95737
Bonk price
SirWin
SirWin
SirWin

Traditional investors prefer Bitcoin ETFs to gold 

bitcoin-etf-gold-investing
Edited by
News
Traditional investors prefer Bitcoin ETFs to gold 

Investor sentiment in Bitcoin ETFs reflects a growing preference for the crypto over traditional gold despite both reaching unprecedented price levels.

Bitcoin and gold are often seen as protective measures against inflation and valuable assets, but this year has marked a notable divergence in investor behavior. Recent data reveals gold ETFs experienced withdrawals totaling approximately $4.6 billion. 

Conversely, Bitcoin ETFs approved by the SEC on Jan. 11 witnessed $8 billion in net investments, marking a record debut for the financial instruments.

The comparison between Bitcoin and tangible assets like gold, particularly in their non-yielding nature, has gained traction among investors, especially amid the low-interest rates observed during the Covid pandemic.

Recent trends suggest anticipations of monetary policy adjustments, global political uncertainties, and concerns over potential equity market downturns increasingly influence gold’s price movements.

Traditional investors prefer Bitcoin ETFs to gold  - 1
Both Bitcoin and Gold hit an all-time high today | Source: Bloomberg

Bitcoin’s value soared to its highest point in over two years on Tuesday, though the peak was short-lived. The cryptocurrency’s price reached $69,191 before retracting approximately 6%, as investors decided to capitalize on the year’s significant gains, which amounted to around 60%.

Meanwhile, gold remains near its record-high price of $2,141, showcasing the contrasting investor confidence in the two assets amidst a volatile market.