Markets· ★★★· neutral·

Gold ETFs hit record 4,189 tonnes as Bitcoin funds drew $3.52B in August

  • —Gold ETFs added 121 tonnes in August to a record 4,189 tonnes
  • —Gold ETF assets rose 16% in a month to $615 billion
  • —US Bitcoin ETFs drew $3.52 billion, their best month of 2026
  • —China bought 20.2 tonnes of gold, reserves now 2,387 tonnes
Why it matters: Institutional money is flowing into gold and Bitcoin simultaneously rather than rotating between them, challenging the "digital gold" narrative.
#BTC
Source: Cointribune
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