Gold and Bitcoin exchange-traded funds attracted a combined record $7 billion over the past five trading days, led by nearly $3.4 billion in inflows to the SPDR Gold ETF and $1.5 billion to BlackRock’s Bitcoin ETF, IBIT. Both funds ranked among the top 10 U.S. ETF inflow leaders for the week.
The buying spree came as investors accumulated gold and Bitcoin as hedges against fiscal anxiety. Treasury Secretary Bessent’s expansion of long-term Treasury buybacks weakened the dollar and pushed yields lower, supporting demand for scarce assets. Bernstein analyst Gautam Chhugani said rising interest rates and high sovereign debt favor non-dilutable assets such as Bitcoin, while Ray Dalio advised allocating up to 15% of portfolios to gold and Bitcoin to hedge U.S. debt crisis risks.
Bitcoin has traded above $80,000 this month, while gold has climbed above $4,600 per ounce.
Gold and Bitcoin ETFs Pull Record $7 Billion in Five Days as IBIT Adds $1.5 Billion
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