PRECIOUS METALS | Gold ETF Sees Asset Decline Amid Iran Conflict, Bitcoin ETF Gains

JPMorgan reported a notable shift in investor behavior following the onset of the conflict in Iran. According to NS3.AI, the largest gold spot ETF experienced a loss of approximately 2.7% of its assets. In contrast, the largest Bitcoin spot ETF, IBIT, saw an increase of about 1.5%. This analysis indicates a rotation among investors from gold to Bitcoin.