
Gold vs Bitcoin: A relationship of mutual substitution?
Among the ETFs listed in the United States, the largest gold ETF GLD (yellow line) and the largest Bitcoin spot ETF IBIT (black line) show a reverse relationship in their capital flows, characterized by a "one rises while the other falls" pattern
Among the ETFs listed in the United States, the largest gold ETF GLD (yellow line) and the largest Bitcoin spot ETF IBIT (black line) show a reverse relationship of "one rises while the other falls" in their capital flows.


