In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the fourth consecutive year as investors preferred to shift to more lucrative alternatives. According to Bloomberg, the rise in gold prices and the Fed’s easing measures were insufficient for traders to maintain their gold positions, as these funds experienced a decline of over 2.5% in their […]
Source link

Chain Articles > Blog > Bitcoin > Lackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives
Lackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives
posted on
You Might Also Like
KULR Technology Joins Bitcoin For Corporations, Increases Holdings To 920 BTC
Jack DaviesJune 9, 2025
KULR Technology Group, Inc. (NYSE American: KULR), a Bitcoin First Company and global leader in sustainable energy management, announced that...
Stablecoins Shatter $250B Barrier in Historic Crypto Milestone
Jack DaviesJune 9, 2025
The stablecoin sector has officially vaulted beyond the $250 billion milestone, according to data from defillama.com. Over the past week...
Strategy Upsizes STRD Offering to $1 Billion to Buy More Bitcoin
Jack DaviesJune 9, 2025
Strategy, the company formerly known as MicroStrategy, is expanding its already massive bitcoin bet. The software company, led by Executive...
Crypto PH News Recap: June 02 to 08, 2025
Jack DaviesJune 9, 2025
From SparkPoint’s June Agenda to BitPinas webcast on the final CASP Rules, here are some of the crypto news from...