The Gold Fund traveling on the Stock Exchange (GLD) – The largest commercial fund and financially supported by Gold in the world – fell in seventh place last Monday with the production of net investments of $ 6.5 billion.
The BlackRock Investment Fund on Blackrock has recorded new investments of $ 6.96 billion since the beginning of 2025, exceeding the SPDR Gold Trust (GLD) to become the sixth most popular box in terms of investment attraction.
On the other hand, the GLD fund – the largest negotiation fund and financially supported by Gold worldwide – fell in seventh place on Monday with 6.5 billion dollars inventory investments, according to Eric Balchunas, the Senior Correspondent (ETF) funds of Bloomberg Agency.
These transfers highlight the growth of investment establishments with digital assets and their preference on the assets of the traditional refuge like gold.
The confidence of investors in Bitcoin is always strong compared to gold
Although Bitcoin-BTC decreased by more than 10% compared to its highest levels recorded last January, investors seem confident of the value of this long-term currency.
Unlike Bitcoin (BTC), the price of gold has increased to more than $ 3,000 per ounce this year, driven by inflation fears, global trade tensions and geopolitical instability. Balchunas indicated on the X that the power of investments attracted by the IBIT fund is a “very good long -term indication”, and the expectations for the arrival of the capital of FET Bitcoin Spot and the immediate trading funds on the Stock Exchange (Bitcoin Spot ETF) until the end of gold.
According to the news received, the Bitcoin ETF will attend a strong wave of assembly, as it bought about six times what mineralists of this digital currency produced during last week.
According to a report published by the company Hodl15Capital Asset Suivoring Company, the ETFs captured the immediate trade in Bitcoin more than 18,644 BTC currencies last week. On the other hand, only 3,150 bitcoin coins were extracted during the same period, almost at a rate of 450 currencies per day.
Although the ETFs received an immediate exchange of Bitcoin and Ethereum, the American Commission for Securities and Exchange (SEC) has not yet received the green light from an FNB which allows the mortgage service, which has already occurred in other markets such as Canada and Europe.
In a parallel development, the “crapeto innovation coucil” – with the support of large companies, in particular the Crypto A16Z, the Consys and Keken – US Securities and Exchange Commission (SEC) to establish an organizational clarity on mortgage services. This came in a speech to the opponent of the Hester people, in which the aforementioned coalition stressed that the mortgage is a technical process, and it cannot be considered as the processing of titles and urged the power to support the responsibility of the mortgage in the ETF funds.
According to Bloomberg, more than 70 FNB creation requests are currently waiting for digital currencies from the American Securities and Exchange (SEC) commission in this regard.
Bitcoin maintains its momentum, while the markets await an explanation of the federal reserve
In the latest market updates on Cryptonews.com before the meeting of the Federal Open Market Committee (FOMC), the Nansen Blockchane Analysis Company indicated an evolution towards prudent optimism with investors expecting three interest rate discounts by the federal reserve in 2025, which could start from July.
Despite speculation that the next meeting will not make any change, market expectations have improved in general, given the low risk of stagnation and the relative improvement in macroeconomics.
On the other hand, American consumption has slowed down, but it is still firm at 1.8% per year, with some pressure on families with an average and low income. In addition, inflation is always higher than the federal reserve, in particular in the service sector, while unemployment grant requests have increased slightly, but they do not indicate a real crisis in the labor market. Financial policy proposals – such as tax discounts and manufacturing incentives – are offered opportunities, despite continuous uncertainty about trade war negotiations.
As for Bitcoin, Nansen confirmed that his technical indicators had been reinforced in relation to the actions. The company added that the Bitcoin price continues its leading management, supported by the indicators of the strong momentum and the average convergence movement, and has renewed the investment movement towards immediate negotiation funds against Bitcoin (ETF).
On the other hand, the Standard & Poor’s 500 index failed by exceeding the average measurement movement over a period of 200 days, indicating the hesitation of the market to invest in high -risk stocks.
In conclusion, Nansen refers to the limited impact of optimism despite improving the general mood of the market, which does not require exaggerating the expected results of it and increasing the need for new incentives, in particular in terms of tangible progress in commercial policies.
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The position The Instant Bitcoin Negotiation Fund on the Black Rock Stock Exchange surpasses the Gold Fund with investments for an amount of $ 6.96 billion this year appeared first on Arab Cryptonews.
