Since the approval of the gold ETF in 2004, the cumulative inflow of funds over the past nine years has reached $17.1 billion, and the continuous injection of this capital has brought a bull market for the gold market for 20 years.

In contrast, within just 5 months of its launch, Bitcoin ETFs have seen inflows of over $60 billion, which is still far higher than the inflow of gold ETFs, even considering inflation factors.

The scale and speed of this capital inflow indicate that the funding support for this Bitcoin bull market is very strong, which may indicate that the upward momentum of the Bitcoin market will be more intense and long-lasting than any previous bull market.

The pursuit of Bitcoin by investors and the recognition of its potential by the market can be seen from the scale of capital inflows.