Gold ETF Inflows Propel PAXG, XAUT to New Heights Amid Crypto Downturn

14.04.2025 10:32
Gold ETF inflows hit a three-year high fueled by strong North American demand, leading investors to flock to tokenized gold assets for digital flexibility and price exposure. In the first quarter of 2025, inflows reached 226.5 tonnes and gold-backed cryptocurrencies experienced significant gains, with PAXG and XAUT rising approximately 24.15% and 23.7% year-to-date to new all-time highs above $3,300—closely tracking the performance of spot gold. In contrast, the broader cryptocurrency market has been in a downtrend, with Bitcoin (BTC) losing over 11% of its value this year and the overall market falling by just over 30% based on the CoinDesk 20 index. This divergence underscores a renewed flight to safety amid escalating geopolitical tensions, notably the U.S.-China trade war, as investors seek stable, physical asset-backed exposure to gold.