A dynamic shift is underway in the American ETF landscape as investments move away from gold-based funds toward Bitcoin $BTCUSD equivalents. Over the past five weeks, US-listed Bitcoin ETFs recorded net inflows exceeding USD 9 billion, with BlackRock Inc.’s iShares Bitcoin Trust ETF $IBIT attracting the lion’s share. Simultaneously, gold-backed ETFs experienced outflows surpassing USD 2.8 billion, underscoring changing asset preference among institutions and private investors.