"we are also observing an increasing divergence between global fund flows into Bitcoin ETPs and fund flows into global Gold ETPs (Chart-of-the-Week). While global Gold ETPs have seen net outflows or approximately -2.6 bn USD, global Bitcoin ETPs have attracted around +4.8 bn USD year-to-date, according to our own calculations based on Bloomberg data."
https://etc-group.com/blog/regular-updates/ETC_Group_Crypto_Market_Compass_08_2024/