Since October:
More than $3bn of inflows into Grayscale Bitcoin Trust
More than $7bn of outflows from Gold ETFs

Does anyone else have other data sets on this?
Moderator: Global Moderator
Most likely it is a temporary thing while BTC is bullish.bitcoininthevp wrote: ↑Tue Jan 05, 2021 2:28 pmIm curious if bitcoin really is becoming a competitor to gold. Im a fan of both assets.
Since October:
More than $3bn of inflows into Grayscale Bitcoin Trust
More than $7bn of outflows from Gold ETFs
Does anyone else have other data sets on this?
I do not think so. At least yet :-)bitcoininthevp wrote: ↑Wed Jan 06, 2021 2:20 pmBut regardless, do you think people are actually taking billions out of gold and putting it into bitcoin?
Days like today sure make it look like this is what's happening. At the moment (noon EST) Gold is off by 3% and Bitcoin is up by 7%.bitcoininthevp wrote: ↑Wed Jan 06, 2021 2:20 pmBut regardless, do you think people are actually taking billions out of gold and putting it into bitcoin?
Don, seems rather aggressive and off topic for the thread but Ill take a crack at a response which includes gold.
But cashing out would be difficult.bitcoininthevp wrote: ↑Sun Jan 17, 2021 12:00 pmHolding bitcoin can be impossible to detect in the physical world, etc.
It would be harder but still easier than cashing out of a banned gold.Ugly_Bird wrote: ↑Sun Jan 17, 2021 4:37 pmBut cashing out would be difficult.bitcoininthevp wrote: ↑Sun Jan 17, 2021 12:00 pmHolding bitcoin can be impossible to detect in the physical world, etc.