Bitcoin-to-gold ratio recovers to 20 as ETF inflows reach $66.2 million

  • Bitcoin’s performance against gold has improved, lifting the Bitcoin-to-gold ratio to 20.
  • $66.2 million in recent ETF inflows supported the recovery, including IBIT and ARKB.
  • Bitcoin had declined against gold earlier this year, alongside a new European Bitcoin development.

Bitcoin is recovering relative to gold, with the Bitcoin-to-gold ratio rising to 20 after declining earlier this year. The recovery is supported by $66.2 million in recent ETF inflows, including investments in BlackRock’s IBIT and ARK’s ARKB. The update also references a new European Bitcoin development.

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