Analysis: The outflow of Bitcoin funds has not benefited gold, as both assets are under pressure.

PANews August 31 news, according to CryptoSlate, the trends of Bitcoin and gold ETFs this month have deviated from historical trends. The capital flows of Bitcoin and gold have not flowed in opposite directions as usual, but have instead seen simultaneous outflows. Data shows that Bitcoin ETFs have seen capital outflows for six consecutive days, with nearly $2 billion flowing out just in late August. At the same time, major gold ETFs like GLDM have also seen significant capital outflows, with $449 million flowing out in just one week. This rare phenomenon of synchronized capital outflows reflects changes in the current macroeconomic environment and investor sentiment, namely: the outflow of funds from Bitcoin has not benefited gold, and both assets will face pressure until the Fed clarifies its policy path.