Bitcoin (BTC) has surged above $97,300, driven by strong interest from institutional investors and the growing popularity of BTC exchange-traded funds (ETFs). Recent data shows that spot Bitcoin ETFs have accumulated net inflows of more than $40 billion, far exceeding gold ETFs.

The trend marks a major shift in investor sentiment, with digital assets gradually becoming a preferred investment option.

Optimism has been further fueled by U.S. President Donald Trump’s pro-crypto stance. In a recent speech, he reiterated his vision of making the United States the "crypto capital" of the world, which has sparked renewed interest in Bitcoin among institutional investors. This political support has enhanced Bitcoin's appeal as a potential safe-haven asset.

In stark contrast, gold ETFs have seen net inflows of only 2.17 tons ($203 million) despite a sharp 45% increase in gold prices to $2,950 per ounce since February 2024. Bloomberg ETF analyst Eric Balchunas summed up market sentiment, saying “no one cares,” highlighting fading interest in traditional safe-haven assets.

BTC price breaks $97,300, driven by strong ETF inflows and Trump’s pro-crypto stance.

Gold ETF inflows remain weak despite gold’s 45% surge to $2,950.

Bitcoin ETFs attract more than $40 billion, outpacing gold ETFs.

Gold ETFs struggle as Bitcoin dominates investment flows.

Investor interest in gold ETFs remains tepid despite gold prices hitting $2,950 an ounce, the highest since February 2024. According to Sosovalue.com, Bitcoin ETFs continue to dominate despite a 45% rise in gold prices, with total assets exceeding $110 billion.

February 20, 2025