Bitcoin and Gold Report from JPMorgan! While Gold Is Booming, Why Is BTC Lagging Behind?

U.S. president Donald Trump***'s tariff announcements and the ongoing tariff tension between China and the U.S. have brought *gold to the forefront, while Bitcoin has lagged behind.

While gold has attracted a lot of attention with its safe-haven narrative in an environment of economic uncertainty, JPMorgan said that gold has seen strong inflows as Bitcoin lags behind amid risk-averse sentiment.

According to The Block’s report, JPMorgan analysts stated that gold benefited from safe-haven demand, while Bitcoin continued to lag behind.

Analysts noted in a recent report that strong inflows from macroeconomic uncertainty were seen in both gold ETFs and futures markets.

Bitcoin, on the other hand, has the opposite trend. Analysts noted that interest in BTC futures has declined and there has been an outflow from ETFs for three months.

Analysts led by Nikolaos Panigirtzoglou ***“While increased safe-haven demand in the macroeconomic environment is pushing gold higher, Bitcoin is unable to take advantage of this support.” Said.

Citing data from the World Gold Council, analysts said global gold ETFs recorded net inflows of $21.1 billion in Q1 2025, of which $2.3 billion came from China and Hong Kong ETFs alone.

In previous reports, analysts have said that Bitcoin’s “digital gold” narrative is under pressure, noting that gold is attracting stronger demand than BTC.