Retail Investors Shift $12B from Gold, Bitcoin ETFs to Semiconductors Since April

According to The Kobeissi Letter, on June 27, retail investors have shifted capital from gold and bitcoin ETFs to semiconductor stocks. U.S. gold and bitcoin ETFs posted cumulative net outflows of $12 billion since April, while semiconductor ETFs attracted $20 billion in inflows over the same period.

Price performance shows gold ETF GLD declined 13% since early April, while bitcoin ETF IBIT fell 12%. In contrast, semiconductor ETFs SOXX and SMH surged 81% and 60% respectively.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments