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BTC and gold ETF volume soar as investors flock to hard assets
[Chain News] On October 3, news emerged that an ETF analyst pointed out that the Spot Bitcoin ETF (IBIT) on a certain platform and the SPDR Gold ETF (GLD) both ranked among the top 10 of all ETFs in terms of volume on Thursday (October 2). He referred to this as a "rare phenomenon." The analyst believes this indicates that investors are actively flocking to "hard assets" that can withstand fiat devaluation.
According to the data, the volume of GLD yesterday was $4.88 billion, ranking fourth; the volume of IBIT was $3.21 billion, ranking seventh.