JPMorgan: Gold ETFs outflow $11 billion in the first three weeks of March, Bitcoin funds maintain net inflow

BTC-1,83%

Gate News reports that on March 26, CoinDesk reported that JPMorgan’s data shows that in the first three weeks of March, gold ETFs experienced nearly $11 billion in net outflows, and silver-related funds saw a pullback. During the same period, Bitcoin funds maintained net inflows. In terms of price, Bitcoin initially dropped to the $60,000 range during the early stages of the geopolitical conflict and is now holding between $68,000 and $70,000. Position data indicates that institutional holdings in gold and silver futures have decreased since the beginning of the year, while Bitcoin futures holdings remain stable. Liquidity indicators show that the breadth of the gold market has fallen below that of Bitcoin, and silver liquidity has further weakened.

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