In the nine years since gold ETFs were approved in 2004, cumulative inflows have reached US$17.1 billion, driving a 20-year bull market in the gold market.
In contrast, the Bitcoin ETF has seen inflows of over $60 billion within just 5 months of its launch, a figure that far exceeds the inflows of the gold ETF even after accounting for inflation.
Capital inflows of this size and speed show that the financial support for this round of Bitcoin bull market is very strong, indicating that the upward momentum of the Bitcoin market may be more violent and lasting than any previous bull market.
Everyone's enthusiasm for Bitcoin and the market's recognition of its potential are reflected in the scale of capital inflows.
Strong capital inflows not only reflect investors’ confidence in Bitcoin, but also indicate that the market’s recognition of Bitcoin as an investment tool has increased significantly.
With the launch of Bitcoin ETFs, more traditional investors have the opportunity to participate, which further promotes the inflow of funds and the development of the market.
