According to The Kobeissi Letter, gold funds have recorded an unprecedented $85 billion in net inflows year-to-date, more than double the previous full-year record set in 2020. If this pace continues, inflows are projected to surpass $180 billion by the end of 2025 (source: The Kobeissi Letter, May 19, 2025). This surge in gold investments highlights growing risk aversion and a flight to traditional safe-haven assets, which may impact crypto market liquidity and sentiment. Traders should monitor correlations between gold inflows and crypto performance, as increased capital allocation to gold could signal reduced risk appetite for volatile assets like Bitcoin and Ethereum.