Gold's Historic Rise Leaves Bitcoin Behind, But That Could Be Changing
Gold rises on strong ETF inflows, geopolitical uncertainty and market volatility.
James Van Straten, AI Boost | Edited by Aoyon Ashraf Updated March 14, 2025 12:59 UTC Published March 14, 2025 11:21 UTC
What you should know:
- According to ByTree founder Charlie Morris, $10 billion has been poured into gold ETFs over the past month, while $5 billion has been pulled out of Bitcoin ETFs. This dynamic is expected to reverse.
- Spot gold hit $3,002, up more than 15% this year on ETF inflows, geopolitical risks and concerns about U.S. tariffs.
Spot gold prices topped $3,000 an ounce for the first time, but have since fallen to $2,990. Gold futures for April delivery also topped $3,000 on Thursday.
The precious metal has risen more than 15% this year, helped by strong ETF inflows, geopolitical uncertainty and lingering concerns about U.S. stocks amid ongoing tariff discussions by former President Donald Trump.
Meanwhile, the price of gold in British pounds sterling has yet to reach its all-time peak of £2,363; it is currently around £300 below that level.
Charlie Morris, founder of ByTree and manager of the BOLD ETF, which includes both Bitcoin and gold, noted the discrepancy between gold and Bitcoin ETFs and expects this to change soon.
“Over the last 30 days, gold ETFs have seen $10 billion in inflows, while Bitcoin ETFs have seen $5 billion in outflows,” Morris said. “The flows will eventually reverse again — as they always do.”
Disclaimer : Portions of this article were generated using AI tools and reviewed by our editorial team to ensure accuracy and adhere to our standards. For more information, see CoinDesk's full AI policy.
