Analysis: Bitcoin and Gold Under Pressure Simultaneously as Market Enters Risk-Off Mode

BlockBeats News, August 31st. This month, Bitcoin and Gold ETF data shows that recent fund flows have deviated from historical trends: usually the flow of funds in both assets is opposite, but this time both experienced outflows simultaneously. This rare phenomenon reflects the current macroeconomic environment and investor sentiment. Bitcoin's outflows have not affected Gold, and until the Fed's policy path becomes clear, both will continue to face pressure.

Bitcoin ETF saw outflows for six consecutive days, losing nearly $2 billion in August alone. At the same time, major Gold ETFs like GLDM also experienced outflows of $449 million in a week. Bitcoin ETF eventually rebounded at the end of August, seeing four consecutive days of inflows. Gold ETF also showed net inflows in the last few days of August 2025, similar to the rebound trend of Bitcoin ETF.

The unknowns of the Fed's monetary policy, persistent inflationary pressures, and signs of a weak labor market have made both Bitcoin and Gold unattractive to investors seeking certainty in the face of unclear Fed action. The market is in a risk-averse mode, where both speculative and defensive assets are struggling to gain momentum, waiting for the Fed's next move.