"Bitcoin ETFs Surpass Gold Funds in Inflows, BlackRock Leads the Way"
TL;DR Summary
Bitcoin fund inflows have surpassed those of traditional gold funds, with Bitcoin spiking to $52,000 this week. Analysts note that Bitcoin flows have stabilized and are on the rise again, potentially surpassing prior highs, while gold funds have seen a steady decline. The comparison between the two assets raises questions about their effectiveness as inflation hedges, but Bitcoin is currently showing strength in the market.
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