2025-05-08 07:45

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출처: Block Media
# Bitcoin Lags Behind Gold in 2023, Yet Investor Sentiment Eyes Crypto Surge
Gold has vastly outperformed Bitcoin (BTC) this year, yet investor focus remains steadfast on a potential Bitcoin rally. Year-to-date, gold has surged by 27%, while Bitcoin has managed only a modest 4% gain. Despite this, Bitcoin ETFs have seen funds flowing in at a faster pace than gold ETFs.
Anthony Pompliano, founder and CEO of Professional Capital Management, highlighted this trend in his investment note on November 7. His analysis emphasizes a widening gap in investor behavior as the cryptocurrency markets continue to evolve.
# BlackRock's Bitcoin ETF Outperforms Gold ETF in Inflows
Research firm Split Capital reports that BlackRock’s Bitcoin ETF, IBIT, has secured more inflows than SPDR Gold Shares (GLD), a leading gold ETF. This year, IBIT has drawn in $6.963 billion in capital, exceeding GLD's $6.512 billion.
Hunter Horsley, CEO of Bitwise, underscored the importance of this milestone. “People are underestimating the gravity of this situation," he noted. "Even with gold attracting attention, investors keep buying Bitcoin. Imagine the impact if this trend reverses."
# China’s Financial Moves Signal Possible Global Monetary Easing
Investors appear less concerned with current performance and are more focused on future economic conditions. Recently, China cut interest rates and pumped 1 trillion yuan into its financial system to boost the economy ahead of trade talks with the U.S. Scott Bessent, U.S. Secretary of the Treasury, is set to have his first trade meeting with China this weekend in Switzerland.
China’s economic measures could signal that other nations might adopt similar monetary easing policies soon. Charles Edwards, a notable cryptocurrency investor, posed the rhetorical question: “Are we entering another phase of global liquidity expansion?”
# Rate Cuts on the Horizon, Bitcoin as a Key Beneficiary
While the Federal Reserve is expected to maintain current interest rates (Pompliano’s note was published before this decision), some market analysts view this as a policy misstep. With economic growth slowing due to high tariffs, calls for rate cuts are increasing. Lower interest rates could support riskier assets like stocks, gold, and Bitcoin.
Bitcoin is seen as a major beneficiary of global liquidity expansion. The strong capital inflows into BlackRock’s Bitcoin ETF bolster this view. Investors appear to be positioning themselves early, looking to capitalize on expected shifts in the economic landscape.
# Market Trends Suggest Potential Asset Value Surge
Investment patterns often serve as indicators of market sentiment and future prices. Current capital flows into Bitcoin and related instruments are being seen as a precursor to a potential surge in value. Investors are preparing for what lies ahead, reflecting their forward-thinking strategies as the financial landscape continues to evolve.
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