IBIT tops GLD in trading volume and gains: $1.56 billion vs $907 million
- —IBIT trading volume was $1.56 billion, 72% more than GLD's $907 million
- —IBIT rose 5.8–5.9%, GLD gained 0.15%, a gap of 5.75 percentage points
- —IBIT ranked 5th by volume among all ETFs, GLD 9th
- —Only SPY, QQQ, SOXL and IWM traded more than IBIT
Why it matters: Capital inflows into bitcoin ETFs are outpacing gold, reinforcing the narrative of BTC as a competitor to safe-haven assets.
Source: Digital Today