Gold ETFs and Bitcoin ETFs attracted more than $7 billion combined over the past week, the highest total ever recorded over a five-trading-day period. Bloomberg ETF analyst Eric Balchunas said the flows point to renewed interest in the debasement trade, as market attention shifts from artificial intelligence themes toward safe-haven and inflation-resistant assets. SPDR Gold Shares (GLD) and BlackRock's spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), were among the 10 ETFs with the largest inflows during the week. IBIT's year-to-date net flows have also turned positive, fully offsetting its previously sizable outflows.