Bitcoin (BTC) faces an uphill struggle as a safe haven in 2025 as gold fund inflows circle $80 billion.
Data from Bank of America (BoA) uploaded to X by trading resource The Kobeissi Letter on April 15 confirms gold’s “best streak” since 2013.
Gold beats records as Bitcoin ETFs slump
As the US trade war sees investors flee to gold, Bitcoin has lost the limelight as a hedge against macroeconomic volatility.
BoA figures show inflows to gold funds beating records, with data from Cointelegraph Markets Pro and TradingView capturing new all-time highs for XAU/USD near $3,300 per ounce on April 16.
“Gold fund net inflows have hit a record $80 BILLION year-to-date. This is 2 TIMES more than the previous high set in the full year 2020,” Kobeissi noted.
“Investors are pouring money into gold at