Bitcoin ETF Flows Rise As Gold Demand Cools: What's Next for BTC?

Bitcoin (BTC) ETF flows have recently turned net positive over the last 30 days, contrasting sharply with gold ETFs, which saw significant outflows following nine straight months of inflows. The largest US gold-backed ETF, GLD, experienced its largest daily withdrawal in over two years. Analysts view this divergence, particularly when tracking native units (actual underlying assets), as a potential sign of a risk-on rotation, where investors shift from gold to Bitcoin as economic sentiment improves. Historically, gold and Bitcoin have taken turns outperforming; with gold shining in 2025, analysts suggest Bitcoin may take the lead next, although establishing a sustained outperformance trend could take several months, similar to past cycles. Both assets are expected to benefit from ongoing fiscal deficits and geopolitical uncertainty as investors seek alternative stores of value.

(Source：Cointelegraph)