According to The Kobeissi Letter, gold prices have extended their intraday rally by more than $100, reaching $3,345 per ounce on May 5, 2025 (source: @KobeissiLetter, Twitter). This rapid price increase is significant for traders, as it signals heightened demand for safe-haven assets amid market uncertainty. The substantial move may trigger increased volatility in related markets, including gold ETFs and mining stocks. Traders should monitor technical resistance levels and consider risk management strategies, as such sharp price action often leads to profit-taking and short-term corrections (source: @KobeissiLetter, Twitter).

According to The Kobeissi Letter, GLD has surged +109% since 2020, now significantly outperforming the S&P 500's +74% gain in the same period. This shift is directly linked to increasing market uncertainty, which has driven traders toward gold as a safe-haven asset, despite a broader equity market recovery. For traders, this trend indicates sustained demand for gold ETFs like GLD during periods of elevated risk and uncertainty, suggesting that gold's role in diversified portfolios remains robust as we head into 2025 (Source: The Kobeissi Letter, Twitter, May 5, 2025).

According to The Kobeissi Letter on Twitter, the Gold ETF ($GLD) experienced a significant $1.3 billion outflow on Wednesday, marking the third-largest withdrawal in its history. This sharp outflow followed a record ~$1.9 billion daily inflow last week, reflecting heightened trading volatility and rapid sentiment shifts among institutional investors. As reported by Goldman Sachs, $GLD became the third most-traded ETF on Wednesday. This surge in trading volume and capital movement signals increased short-term trading opportunities and volatility for gold-focused traders. Source: The Kobeissi Letter, Twitter; Goldman Sachs.

According to @MilkRoadDaily, the Assets Under Management (AUM) for spot Bitcoin ETFs have shown a significant vertical growth compared to the slow increase in Gold ETFs. This indicates a strong market preference towards Bitcoin over traditional gold investments. Traders should note this trend as it reflects a shift in asset allocation strategies within the market.

According to @MilkRoadDaily, the Asset Under Management (AUM) for Spot Bitcoin ETFs has shown a significant vertical increase compared to the slower growth of Gold ETFs. This indicates a clear market preference for Bitcoin over traditional gold investments, suggesting potential shifts in trading strategies towards cryptocurrencies.

According to Milk Road (@MilkRoadDaily), the Spot Bitcoin ETF has witnessed a significant vertical rise in its Assets Under Management (AUM), contrasting with the slow growth of Gold ETF. This indicates a market preference shift towards Bitcoin over traditional gold investments.

According to Crypto Rover, the world's largest Bitcoin ETF, IBIT, is closing in on the market size of the largest Gold ETF, GLD. This development highlights Bitcoin's growing prominence as a dominant asset class, potentially influencing market liquidity and investor strategies. Traders should monitor this trend closely as it may impact asset allocation decisions and volatility in both crypto and traditional markets.