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.
