Bloomberg analysts: Anti-fiat depreciation trading is prevalent, BlackRock IBIT and gold ETF both ranked among the top ten in trading volume yesterday.

GateNews

2025-10-03 12:02:45

PANews, October 3 news, Bloomberg's senior ETF analyst Eric Balchunas pointed out that BlackRock's Spot Bitcoin ETF (IBIT) and SPDR Gold ETF (GLD) both made it into the top 10 of all ETFs in terms of volume on Thursday (October 2), which he described as a “rare phenomenon.” Balchunas believes this indicates that investors are actively flocking to “hard assets” that can withstand fiat depreciation. 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.

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Jhui25

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