Bitcoin (CRYPTO: BTC) is outperformed gold for the first time in months, surging 12% since Friday while gold fell 2% as investors poured nearly $700 million into U.S. Bitcoin ETFs in March.

The Gold Reversal

Until this week, the trend had been the opposite. Gold repeatedly hit record prices while Bitcoin tumbled more than 40% from its $126,000 peak in October. 

The shift signals changing safe haven dynamics. Bitcoin appeared stable relative to other assets during the initial Iran selloff. 

By Thursday, stocks were rebounding with Korea’s Kospi index jumping 11% and Japan’s Nikkei 225 rising 4.2%.

The $700 Million ETF Inflows

Investors poured nearly $800 million into the U.S. Bitcoin ETFs…

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