ChainCatcher reported that, compared to historical trends, this month the capital flows of bitcoin and gold ETFs did not move in opposite directions as usual, but instead experienced simultaneous outflows.
Data shows that bitcoin ETFs have seen capital outflows for six consecutive days, with nearly $2 billion flowing out just at the end of August. At the same time, major gold ETFs such as GLDM also saw a significant increase in outflows, with $449 million leaving in just one week. This rare phenomenon of simultaneous outflows reflects changes in the current macroeconomic environment and investor sentiment: the outflow of funds from bitcoin has not benefited gold. Until the Federal Reserve clarifies its policy path, both assets will face pressure. As the Federal Reserve's next move remains uncertain, bitcoin and gold may not be particularly attractive to investors seeking clarity or certainty.