According to The Kobeissi Letter, gold exchange-traded funds (ETFs) have attracted an unprecedented $12 billion in net inflows over the past two months, signaling a strong investor shift towards gold amidst market uncertainty. This trend is highlighted by gold prices increasing nearly 17% while the S&P 500 has declined by 5% year-to-date, indicating a divergence from typical economic conditions.

According to The Kobeissi Letter, gold funds have experienced unprecedented inflows, with Gold ETFs seeing a massive $12 billion in net inflows over the last two months. This trend contrasts sharply with the S&P 500, which is down 5% year-to-date, while gold prices have surged nearly 17%. Such a significant divergence indicates a flight to safety among investors, highlighting gold's appeal as a hedge against economic uncertainty.

According to The Kobeissi Letter, Bitcoin ETFs experienced one of their largest monthly inflows ever in January, with net inflows reaching $4.5 billion. This influx has propelled Bitcoin ETF assets under management (AUM) to exceed $125 billion for the first time in history. This milestone, which took Bitcoin ETFs a relatively short period to achieve, contrasts with the 20 years it took for gold ETFs to reach a similar AUM level.