The Interchange: Gold, bitcoin and confirmation bias

InstitutionalNovember 25, 2020, 6:37PM EST
UPDATED: June 1, 2023, 4:51PM EDT
The Interchange: Gold, bitcoin and confirmation bias
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Earlier this week, my colleague Frank Chaparro had a piece out highlighting the juxtaposition between record weekly outflows of gold, and another impressive week for Grayscale Bitcoin Trust (GBTC) inflows.

We've noticed several takes that this is emblematic of a broader shift from institutional investors "dropping gold" for bitcoin.

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