“The strong Bitcoin ETF inflow by institutional investors indicates risk-on sentiment. Meanwhile, Gold ETFs have seen a net outflow. The outflow of gold ETFs might be due to global investors’ rising demand for US equity,” Greta Yuan, head of research at VDX, a regulated Hong Kong exchange, wrote in an email interview.
![Bitcoin ETF Trading Spikes to Busiest Session Since January Debut Bitcoin ETF Trading Spikes to Busiest Session Since January Debut](https://www.coindesk.com/resizer/jj0p7StNAziy6RlDHOQv00olZ_Y=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/B73MUUFWX5EQ7FJMMB5RXGACGQ.jpg)