TechFlow, April 17 — According to The Block, JPMorgan analysts said gold is attracting safe-haven demand in exchange-traded funds (ETFs) and the futures market. The report showed that global gold ETFs recorded net inflows of $21.1 billion in the first quarter of 2025, while Bitcoin failed to share in this wave of safe-haven capital inflows.
JPMorgan managing director Nikolaos Panigirtzoglou noted that despite declining market breadth and liquidity, gold continues to attract safe-haven capital, performing similarly to safe-haven currencies such as the Swiss franc and Japanese yen.




