Gold ETFs Shed $8.9 Billion in June as Safe-Haven Bets Rotate Toward Bitcoin
The post Gold ETFs Shed $8.9 Billion in June as Safe-Haven Bets Rotate Toward Bitcoin appeared on BitcoinEthereumNews.com. Crypto News Investors pulled $8.9 billion from gold exchange-traded funds in June, the sharpest monthly withdrawal of 2026 and a signal that safe-haven capital is rotating away from bullion. North American products drove the exodus, accounting for $5.5 billion of the total, as gold logged its fourth consecutive losing month. The metal has fallen 11.7% over that stretch, pressured by a hawkish Federal Reserve and renewed Middle East tensions. Our reading of the flow data is that the sell-off reset investor allocations rather than reflecting outright panic, but it opens a clear question for where defensive money, including capital eyeing Bitcoin, migrates next as the macro backdrop tightens. The scale of the retreat is visible in the underlying balance sheet. Total assets under management across gold ETFs fell 13% to $526 billion during the month, according to World