Gold ETF inflows hit a 2-year record high

Total known holdings in gold exchange-traded funds (ETFs) have surged to their highest level since 2023, breaking a four-year streak of consistent outflows. This renewed investor appetite for gold comes as the Bloomberg Galaxy Crypto Index (BGCI) stagnates near levels last seen in early 2021.  Notably, this divergence is raising concerns about crypto’s ability to reclaim its leadership in the risk-asset space, according to Bloomberg Intelligence senior commodity strategist Mike McGlone. In a June 30 post on X, McGlone shared data showing that as of June 27, 2025, gold ETF holdings had surpassed 104 source: https://finbold.com/gold-etf-inflows-hit-a-2-year-record-high/