Bitcoin exchange-traded funds (ETFs) have seen a net positive inflow over the past 30 days, while gold ETFs are experiencing significant outflows. The largest U.S. gold-backed ETF, GLD, recorded a $3 billion outflow, marking the largest daily withdrawal in over two years. This shift comes as gold prices remain high, yet Bitcoin sentiment cools. In contrast, Bitcoin ETF flows have reversed from a $1.9 billion outflow on February 6 to a $273 million inflow by March 6. The divergence is also evident in holdings data, with Bitcoin ETF balances increasing by 4,021 BTC, while gold ETF holdings dropped from 1.4 million ounces to 621,100 ounces. Analysts suggest this may indicate a gradual rotation of capital from gold to Bitcoin, as investors seek alternative stores of value amid ongoing geopolitical tensions and economic shifts.