Scott Bessent Lit the Match. Bitcoin ETFs Are Turning the Digital Gold Trade Back On
Bitcoin surged 23% as stocks fell and gold rallied, while spot Bitcoin ETF inflows topped $1.6 billion, reviving the “digital gold” trade and boosting IBIT.
Bitcoin jumped up a lot while stocks went down, and people bought a special Bitcoin investment fund called IBIT. This shows some people think Bitcoin acts like gold—a safe place to put money when other things feel risky.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.