Bitcoin and gold ETFs attract $7B amid fiscal concerns: Bloomberg

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Bitcoin and gold ETFs drew roughly $7 billion in combined inflows amid investor concerns about fiscal stability, according to Bloomberg. The flows suggest investors are treating Bitcoin alongside gold as a macro hedge and store of value. For Bitcoin, this increases institutional acceptance, liquidity, and provides upward price support. It also raises Bitcoin’s sensitivity to fiscal and macro developments, potentially heightening its correlation with broader risk-on/risk-off flows.

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