Risk Off.. Strong Flows into Gold and Silver Funds Amid Outflows from Bitcoin
Retail investors are heavily shifting towards gold and silver exchange-traded funds (ETFs), at the expense of spot Bitcoin funds, which have experienced notable outflows recently.
The largest physically-backed gold ETF, $GLD, attracted over $16 billion in retail investor flows during the past year, while the largest physically-backed silver ETF, $SLV, saw retail inflows of approximately $4 billion.
In just the past five months, retail investors purchased more than $9 billion of $GLD, representing about 56% of the tot
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