Risk Off.. Strong Flows into Gold and Silver Funds Amid Outflows from Bitcoin
Retail investors are heavily shifting towards gold and silver exchange-traded funds (ETFs), at the expense of spot Bitcoin funds, which have experienced notable outflows recently.
The largest physically-backed gold ETF, $GLD, attracted over $16 billion in retail investor flows during the past year, while the largest physically-backed silver ETF, $SLV, saw retail inflows of approximately $4 billion.
In just the past five months, retail investors purchased more than $9 billion of $GLD, representing about 56% of the total inflows recorded over the entire year.
For $SLV, total retail investor inflows reached around $3 billion during the same period, triple the amount recorded in the previous seven months.
In the same context, global gold ETF inflows in January hit a record $19 billion, marking the strongest month ever in terms of incoming flows.
Conversely, data from the SoSoValue platform showed that spot Bitcoin ETFs recorded total outflows of $318.07 million last week, marking the third consecutive week of withdrawals. If this trend continues or worsens, Bitcoin prices could face further correction.
These data, published by KobeissiLetter, reveal a clear shift in retail investor preferences, who are now favoring gold and silver as safe-haven investments amid declining risk appetite toward cryptocurrencies.
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Risk Off.. Strong Flows into Gold and Silver Funds Amid Outflows from Bitcoin
Retail investors are heavily shifting towards gold and silver exchange-traded funds (ETFs), at the expense of spot Bitcoin funds, which have experienced notable outflows recently.
The largest physically-backed gold ETF, $GLD, attracted over $16 billion in retail investor flows during the past year, while the largest physically-backed silver ETF, $SLV, saw retail inflows of approximately $4 billion.
In just the past five months, retail investors purchased more than $9 billion of $GLD, representing about 56% of the total inflows recorded over the entire year.
For $SLV, total retail investor inflows reached around $3 billion during the same period, triple the amount recorded in the previous seven months.
In the same context, global gold ETF inflows in January hit a record $19 billion, marking the strongest month ever in terms of incoming flows.
Conversely, data from the SoSoValue platform showed that spot Bitcoin ETFs recorded total outflows of $318.07 million last week, marking the third consecutive week of withdrawals. If this trend continues or worsens, Bitcoin prices could face further correction.
These data, published by KobeissiLetter, reveal a clear shift in retail investor preferences, who are now favoring gold and silver as safe-haven investments amid declining risk appetite toward cryptocurrencies.