According to @KookCapitalLLC, a rotation from gold into Bitcoin is about to take off and investors should allocate accordingly. Source: x.com/KookCapitalLLC/status/1979485838309314570 To validate the signal, traders can monitor the BTC-to-gold ratio (BTC/XAU) for momentum confirmation using publicly available charts that price BTC in ounces of gold. Source: tradingview.com and insights.glassnode.com Check fund flows for evidence of capital rotation by comparing daily creations/redemptions in SPDR Gold Shares (GLD) against net flows into US spot Bitcoin ETFs such as iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). Source: spdrs.com for GLD flows, ishares.com for IBIT data, and fidelity.com for FBTC data Assess positioning risk via CFTC Commitments of Traders for COMEX gold futures and CME Bitcoin futures to identify potential fuel for a trend if managed money positioning is stretched. Source: cftc.gov Gauge broader crypto risk appetite with Bitcoin dominance trends; rising BTC dominance alongside weakening gold-related metrics would corroborate a gold to BTC rotation. Source: coinmarketcap.com Note that the post does not provide timing or quantitative levels, so treat it as a sentiment cue and confirm with objective indicators listed above before reallocating. Source: x.com/KookCapitalLLC/status/1979485838309314570

According to Eric Balchunas, $GLD has experienced more than $4 billion in outflows over the past four weeks, marking the second worst monthly outflow period ever. This trend reflects a significant investor shift toward risk-on assets in 2024, as traditional safe havens like gold lose appeal. For crypto traders, this mass exodus from gold ETFs signals growing risk appetite, which could drive increased capital flows into cryptocurrencies and digital assets, especially as investors seek higher returns in a bullish environment (source: Eric Balchunas, Twitter, May 22, 2025).