Gold is winning the fear trade as crypto bleeds

Something unusual is happening across global markets. And it’s showing up most clearly in what investors are leaving and where they’re going instead. Only last week, we were celebrating the largest crypto inflows in months. Today, crypto exchange-traded funds (ETFs) marked one of their largest outflow weeks on record, just as gold pushed past a historic milestone. The contrast is stark and increasingly hard to ignore. Related: Are crypto ETFs actually hurting bitcoin and ethereum adoption? Crypto funds ...