彭博分析师：GLD三月以来流出150亿美元，规模超比特币ETF撤资总和

Bloomberg analyst Eric Balchunas said on X that the gold ETF SPDR Gold Shares (GLD) has seen nearly $15 billion in outflows since March 1. This outflow is actually about 50% higher than the cumulative outflows from all spot Bitcoin ETFs since their peak in October last year.

Analysis suggests that the gold market is undergoing a capital adjustment phase "After the Gold Rush." Previously, amid rising geopolitical risks, inflation concerns, and increased safe-haven demand, gold ETFs attracted significant capital inflows, driving up gold prices. In contrast, spot Bitcoin ETFs experienced massive capital inflows after their approval, but capital flows have fluctuated recently as market volatility intensifies.

The large-scale redemptions in gold ETFs reflect some investors reallocating their safe-haven assets. Whether capital will flow into digital assets like Bitcoin will become a key focus for the market going forward.