Gold ETF Outflows Top $2 Billion: Is the Bitcoin (BTC) Comparison Overrated?

Outflows from gold exchange-traded funds (ETFs) topped $2 billion this year so far. Somewhat ironically, BlackRock’s gold ETF was ranked second-largest at $423.6 million, even as its Bitcoin spot ETF inflows reached $5 billion year-to-date on Feb. 14. Outflows from the SPDR Gold Shares (GLD) and BlackRock’s iShares Gold Trust ETFs have accounted for over $2.4 billion moved out of gold... source: https://beincrypto.com/gold-etf-outflows-top-billions/