𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝘀 𝗺𝗼𝗿𝗲 𝗮𝘁𝘁𝗿𝗮𝗰𝘁𝗶𝘃𝗲 𝘁𝗵𝗮𝗻 𝗚𝗼𝗹𝗱 – 𝗝𝗣𝗠𝗼𝗿𝗴𝗮𝗻 After the start of the conflict in the Middle East, investors began to actively choose Bitcoin instead of Gold as a defensive asset. Bitcoin ETFs have been recording inflows for the third consecutive month, while Gold ETFs have still not recovered from the March outflows. At JPMorgan, this is called a rotation of the “debasement trade” – a strategy in which investors buy assets like Gold or BTC to protect against the depreciation of fiat, inflation, and geopolitical risks. The demand for Bitcoin is not only from retail investors through ETFs. Institutions are increasing their exposure through futures on CME. An additional factor is Michael Saylor's company. Strategy remains the largest corporate holder of BTC and is increasing its purchases at an accelerated pace this year. If the current dynamics continue, the company's purchase volume could reach around $30 billion over the year. $BTC $XAUT #StocksGoOnChain #DailyOrbit #CreatorRewards