Don't show this to Peter Schiff...

Bitcoin inflows were absolutely massive, especially compared to when gold ETFs first launched.

Check it out:

(Source: https://x.com/BitcoinNewsCom/status/1877802421021249627/photo/1)

Yes that should probably be inflation adjusted to get a more accurate apples to apples comparison.

But it is what it is.

Bitcoin inflows dwarf anything gold could muster.

This is going to look even worse in the next couple years.