TechFlow news, on February 21, according to The Block, Copper research head Fadi Aboualfa said that Trump's plan to audit the U.S. Fort Knox gold reserves could trigger a comprehensive review of gold holdings, potentially driving investors toward bitcoin. If gold ETFs fail to verify full backing, they may trade at a discount, triggering a global outflow of liquidity.
Aboualfa noted that as U.S. banks move gold from London to New York, increasing delivery delays, a price disconnect could emerge between the spot market and unallocated gold ETFs. Given that the paper gold market is 133 times larger than physical supply, this situation could cause global liquidity disruptions and impact the bitcoin market.
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