Gold ETFs See Largest Weekly Inflow Since March 2022 Amid Bitcoin Outflows
Spot bitcoin exchange-traded funds experienced a record outflow of nearly $1 billion, while spot gold ETFs reported significant inflows. Key points include:
- Gold ETFs saw their largest weekly inflow since March 2022, totaling 52.4 tons (approximately $4.9 billion).
- Total gold ETF holdings reached 3,326 tons, valued at roughly $314 billion.
- Gold prices increased by nearly 11% in 2025 and 43% year-over-year, currently trading at $2,910 per ounce.
- Geopolitical tensions and potential tariffs are influencing gold price movements.
- Gold-backed cryptocurrencies like Paxos gold (PAXG) and Tether gold (XAUT) have outperformed the broader crypto market, which is up 26% year-over-year.
- Over $25 million worth of commodity-backed tokens were minted this month, marking the highest monthly volume since December 2022.
- Gold mining production decreased slightly while recycling and hedging activities increased.