Bitcoin and Gold Funds Draw $7 Billion as Scarcity Trade Surges

Bitcoin and Gold Funds Draw $7 Billion as Scarcity Trade Surges

Investors are no longer choosing between gold and Bitcoin as hedges against fiscal anxiety. They’re buying both.

Exchange-traded funds tracking the assets attracted a record $7 billion over the past five trading days, according to data compiled by Bloomberg, putting some of the biggest gold and Bitcoin vehicles alongside the stock-market giants at the top of the ETF flow rankings.

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