Gold and Bitcoin ETFs Attract $7B in Five Days, BlackRock IBIT Sees $1.5B Inflow

The simultaneous inflow into gold and bitcoin ETFs signals that investors are treating both as complementary hedges rather than competing assets, reinforcing the 'digital gold' narrative. The concentration of flows into BlackRock's IBIT suggests scale and brand trust matter in crypto vehicles, which could pressure smaller issuers on fees and liquidity. What bears watching is whether this dual-asset demand persists through macro shifts, as it may indicate a broader portfolio reallocation toward non-sovereign stores of value.