Bitcoin’s Battle for Safe-Haven Status Intensifies as Gold Extends Its Lead

4h ago•

bullish:

bearish:

Bitcoin ETF growth shows scale, but investor trust lags behind gold’s long-term stability.
Gold remains preferred in crises due to central banks and institutional allocators’ support.
Bitcoin’s “digital gold” status hinges on adoption, infrastructure, and crisis performance.

Bitcoin’s push toward the digital gold label continues to face strong headwinds despite its rapid ascent in global markets. The asset overtook gold ETFs in late 2024, reaching a level many considered historic. Besides, its total ETF assets now hover near $120 billion, showing lasting investor interest.

However, its market character still lacks the stability and trust that define traditional safe-haven assets. This gap forms what Simon Kim, CEO of Hashed, describes as the “digital gold paradox,” a situation where scale grows fast but long-term confidence remains fragile.