Les investisseurs chinois poussent la prime des ETF sur lor à 30 % au milieu du BTC ETF FOMO
In a flurry of frenzied trading activity, local investors in China are driving up the premium of a gold stock ETF to a staggering 30%. This even led to an abrupt halting of trading. Moreover, Bloomberg analyst Eric Balchunas shed light on the situation, citing Bitcoin ETF FOMO (Fear of Missing Out) as a prime reason. Bloomberg Explains Effect Of Bitcoin ETF FOMO On Gold Funds In China In a recent post on X, Balchunas highlighted the desperation among Chinese investors to drift away from their struggling domestic economy and stock market. Balchunas wrote, “Investors there are so desperate to buy things that are not linked to their own economy/stock [market], which has been in the gutter.” This sentiment reflects a growing appetite among Chinese investors for assets perceived as safer or less correlated with their local economic conditions. Moreover, the effects of absence of Bitcoin ETFs in China is notable. Balchunas points out, “For those wondering, buying Bitcoin ETFs is not allowed there.” Furthermore, the analyst added, “If it were my guess is theyd be going gaga for them given how much FOMO they have been showing for gold and US stocks (btc easily outperforming both).” This underscores the potential enthusiasm for Bitcoin