According to OKG Research analysis, PANews reports on April 2nd that gold demand in 2024 will still be primarily focused on traditional uses, with jewelry accounting for 44%, central bank purchases at 23%, and investment at only 26%. ETFs, as short-term hedging tools, have experienced increased volatility and continuous net outflows since the second quarter of 2022. In contrast, Bitcoin is gradually gaining institutional acceptance, leveraging on-chain self-custody, global liquidity, and brand effects, emerging as a new type of digital safe-haven asset. While gold serves as a trust anchor in the old system, Bitcoin is constructing a decentralized new reserve channel. The two are building parallel hedging channels, providing a new allocation structure of "dual-track safe havens" for global capital.
OKG: Gold and Bitcoin are forming a "dual-track risk hedging system"
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content