เงินทุนไหลกลับเข้าสู่ ETF บิตคอยน์ หลังความขัดแย้งระหว่างอิหร่านและสหรัฐฯ BTC แทนที่ทองคำกลายเป็นสินทรัพย์หลีกเลี่ยงความเสี่ยง?

Bitcoin spot ETF continues to show net inflows after US-Iran conflict, Bloomberg analyst Eric Balchunas tweeted that the fund outflows since the beginning of the year have almost been made up! He also pointed out an interesting phenomenon: since the Iran attack and escalating geopolitical concerns, Bitcoin has risen 12%, while gold has actually fallen. Does this mean gold as a safe-haven asset has become ineffective, and Bitcoin is the opposite?

Funds continue to flow into Bitcoin ETF, outflows nearly recovered

Bitcoin spot ETF continues to show net inflows after the US-Iran conflict. According to the latest statistics from SoSoValue, recent fund flows are as follows:

3/2: +$458 million

3/3: +$225 million

3/4: +$462 million

Bloomberg analyst Eric Balchunas tweeted that the fund outflows since the beginning of the year have almost been made up!

I don’t actually think this btw, just trying to point out the problem with making these types of damning judgements of an asset based on a short term window of price action. Gold has my respect as asset as does bitcoin. Bitcoin’s surge may have little to do w geopolitics but…

— Eric Balchunas (@EricBalchunas) March 5, 2026

Note: According to SoSoValue data, outflows in January were $1.61 billion, in February $200 million, and in March so far $1.15 billion, with about $660 million still needing to be recovered.

After US-Iran conflict, gold fell while Bitcoin rose 12%

Balchunas pointed out an interesting phenomenon: since the Iran attack and escalating geopolitical concerns, Bitcoin has risen 12%, while gold has fallen. Does this mean gold as a safe-haven asset has become ineffective, and Bitcoin is the opposite?

However, Balchunas later denied this statement. He just wanted to point out that making such hasty judgments about assets based on short-term price movements is biased. Balchunas emphasized that he respects both gold and Bitcoin. Bitcoin’s surge may have little to do with geopolitics but rather because the shadow of the Jane Street event is gradually dissipating, and market sentiment is changing accordingly. As for those selling gold, they might just be taking profits, while some may be waiting for the next Bitcoin rally.

(Jane Street selling pressure disappears? Can Bitcoin continue to rebound?)

This article about fund inflows into Bitcoin ETF, after US-Iran conflict, BTC replacing gold as a safe-haven asset first appeared on Chain News ABMedia.