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Bitcoin and gold ETF outflows signal cooling of debasement trade amid Iran-US peace hopes.

Market News
28 May 2026
Benzinga
View Source
Bearish
pluang ai news

JPMorgan reports simultaneous outflows from Bitcoin and gold ETFs over the past two weeks, indicating a cooling of the debasement trade rather than a shift from Bitcoin to gold. This trend is linked to growing optimism about a potential Iran-US peace deal, reducing demand for these assets as geopolitical hedges. Bitcoin ETFs experienced larger outflows than gold ETFs, reflecting Bitcoin's prominent role in this trade since the Iran conflict began. Technical indicators for Bitcoin remain bearish, suggesting further caution for investors.

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