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The gold standard? 🏅

The gold standard? 🏅

The gap between Bitcoin ETF and gold ETF flows has hit $4 billion, with analysts calling Bitcoin "a better hedge than gold" against strategic asset reallocation out of the U.S.

Stephen Graves
April 29, 2025

📝 What you need to know

While Bitcoin ETF inflows have topped $3 billion over the past five trading days, gold ETFs have seen outflows of $1 billion—creating a $4 billion gap between them.

Standard Chartered analysts told Decrypt that Bitcoin functioning as “a better hedge than gold against strategic asset reallocation out of the U.S.,” with tentative improvements in President Trump’s trade war softening interest in gold.

The bank has taken a bullish stance on Bitcoin, arguing that the cryptocurrency is on track to hit a record price this quarter and $200,000 by the end of the year.

Bitcoin ETFs Outstrip Gold as Investors Turn to ‘Better Hedge’ Against US Assets

Bitcoin ETFs have drawn $3 billion in inflows while gold ETFs have seen deposits shrink by $1 billion, Standard Chartered noted.

Court Bars OFAC From Reinstating Tornado Cash Sanctions

The Treasury can't just quietly delist Tornado Cash and sanction it later on when the smoke clears, a Texas judge ruled.

Arizona Lawmakers Approve Complementary Bitcoin, Crypto Bills

If approved by the governor, Arizona could become the first state to solidify the regulation of crypto and digital assets on the frontier.

Bitcoin on Track for Record Price This Quarter as Investors Reallocate Assets: Standard Chartered

Bitcoin will continue to rise this quarter and hit new highs, multinational bank Standard Chartered has forecast.

📊 MYRIAD Market of the Day

Fear and Greed Index at 59 or higher on April 30?

Trade "Fear and Greed Index at 59 or higher on April 30?" on Myriad

💬 Quote of the Day

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“Congratulations to the brave plaintiffs who had the courage to stand up to their own government for their rights under law. We celebrate so much vapid nonsense in our culture; these are the less famous heroes who deserve our attention and gratitude.”

Coinbase Chief Legal Officer Paul Grewal, on the court decision to block OFAC from reinstating sanctions on Tornado Cash

🌐 From Our Hubs

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🎭️ SCENE: Why RTFKT and Nike’s Ethereum NFT Artwork Disappeared

Ethereum NFT collectors noticed that images for multiple RTFKT collections were no longer showing—but a fix is in the works.

📚 Watch and Learn

📹️ WATCH: DeFi Suite Common is Making Privacy Accessible

Common and Aleph Zero co-founder Adam Gągol joined Decrypt to talk about how the DeFi suite is making accessible privacy a seamless default, and why it's crucial for the mainstream adoption of crypto.