GBTC Experiences Billions in Inflows, While Gold ETFs See Billions in Outflows
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Holger Zschaepitz noted on twitter that outflows from gold ETFs since October have been over $7B, while inflows into GBTC, the Grayscale Bitcoin Trust, have been around $3B:

Zschaepitz further noted JP Morgan's take on the data:
Competition w/gold as alternative currency will continue given millennials will become over time more important.
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