Has the "Great Escape" from the yellow metal begun?

After months of historic gains, the (GLD) fund — the world's largest gold ETF — recorded a record outflow of $3.0 billion in a single day,

a figure that exceeds any decline we've seen over the past two years by 200%.

This hemorrhage came immediately after gold prices dropped by 4.4%, the largest daily setback since the "crash" last January.

Although gold started the year with the best two-month performance in its history (with $18.7 billion in market inflows in January and $5.3 billion in February),
today's scene indicates that investors are beginning to "take profits" and secure gains after a long rally.
--
What’s notable is the divergence in movement;
while investors are fleeing gold and silver,
"Bitcoin" funds recorded positive inflows,
raising questions about the next "safe haven" amid current market volatility.

Should we consider what’s happening as just a healthy correction,
or has the shine of gold started to fade in favor of other alternatives?

$USDG $BTC