According to the Daily Planet, Bloomberg data shows that since the beginning of 2024, various gold ETFs have outflowed about $3 billion, and the spot gold price has fallen by 3% this year. At the same time, the inflow of funds into Bitcoin ETFs has reached $4.1 billion, and the spot Bitcoin has increased by 16% this year. Some of the outflow from gold may have entered the Bitcoin market. However, although Bitcoin has recently broken through the $1 trillion mark, this trend still cannot determine a fundamental shift in investor preferences relative to the $13 trillion gold market.