According to The Kobeissi Letter, net inflows into ETFs tracking gold, ultra-short Treasuries, and low-volatility stocks soared to $18 billion in April 2025, the highest level since March 2023. These safe haven inflows have more than doubled compared to the previous month, signaling a significant shift in investor sentiment toward risk-off assets (source: The Kobeissi Letter on Twitter, May 6, 2025). For cryptocurrency traders, heightened demand for defensive assets often correlates with increased volatility and risk aversion in crypto markets, potentially impacting Bitcoin and stablecoin flows as investors rebalance toward safer instruments.