Bloomberg's Eric Balchunas suggests gold and Bitcoin ETF returns to top 10 most-traded funds could signal the "debasement trade" replacing AI mania.
Macro & Markets ·
Gold and Bitcoin ETFs have returned to the top 10 most-traded funds in the US, according to Bloomberg analysis. An analyst at Bloomberg suggests this shift may indicate investors are moving away from AI-focused investments toward what he characterizes as the "debasement trade."