Gold and Bitcoin ETFs post record $7B weekly inflows, led by GLD and BlackRock's IBIT: Eric Balchunas

AI Market Summary

Record combined $7B weekly inflows into gold and Bitcoin ETFs, led by GLD and BlackRock's IBIT, signals strong demand for liquid, regulated exposure to hard assets. The flow concentration into flagship products suggests institutional participation and supportive risk appetite. Near term, this can tighten ETF-related liquidity conditions and reinforce momentum across Bitcoin-linked vehicles and broader crypto sentiment, while also underpinning gold as a defensive allocation.

Impact level

● High

Affected assets

NCSKIBIT2USD/USDT-1.60%

AI Insight · NCSKIBIT2USD/USDTAI Insight

▲ Bullish

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Gold and Bitcoin exchange-traded funds drew a combined $7 billion in net inflows over the past week, setting a new record. SPDR Gold Shares (GLD) and BlackRock's iShares Bitcoin Trust (IBIT) led the gains, according to ETF analyst Eric Balchunas.

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