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Bloomberg Analyst: GLD Has Seen $15 Billion in Outflows Since March, Surpassing Total Bitcoin ETF Withdrawals

Bloomberg Senior ETF Analyst Eric Balchunas stated on X that the gold ETF SPDR Gold Shares (GLD) has experienced nearly $15 billion in outflows since March 1, with this outflow scale actually exceeding the cumulative outflows from all spot Bitcoin ETFs since their October peak by about 50%.Analysis suggests that the gold market is undergoing a phase of capital adjustment reminiscent of "After the Gold Rush." Previously, driven by geopolitical risks, inflation concerns, and rising safe-haven demand, gold ETFs attracted significant capital inflows, pushing gold prices higher. In contrast, spot Bitcoin ETFs saw massive capital inflows post-approval, but the flow has fluctuated recently amid increased market volatility.The large-scale redemptions of gold ETFs reflect that some investors are reallocating their safe-haven assets. Whether these funds are flowing into digital assets like Bitcoin will become a key focus for the market moving forward.

B.AI × BNB Chain: $100 Million Subsidy Carnival Begins—Extra $8,000 Prize Pool Up for Grabs

The Underlying Economic Engine of the AI Agent Era: B.AI and BNB Chain Officially Launch a $100 Million AI Token Subsidy Campaign. The official team has simultaneously rolled out a special bonus, adding an extra $8,000 joint prize pool! This initiative empowers users to experience top-tier AI services at extremely low cost. The campaign runs until June 8. This event features four tiers of benefits: 1. New users receive 500,000 Credits instantly upon first login. 2. Deposit $10 or more via BNB Chain to trigger a 1:1 matching bonus (deposit any amount, get the same amount in Credits—up to $100 worth of Credits per user). The daily subsidy pool totals $10,000. Additionally, users receive a direct $5 BNB Chain official subsidy (first-come, first-served). 3. A Credits Consumption Contest is launched concurrently, with $3,000 worth of Credits up for grabs. The “Milestone Rush Leaderboard” phase officially begins once 500 users complete deposits. It features three consumption tiers: Entry-level (20 million Credits), Advanced (60 million Credits), and Expert (200 million Credits), awarding evenly split prize pools of $1,000, $500, and $500 respectively. 4. The “Ultimate Leaderboard” phase kicks off once 30 users reach the Expert tier. The Top 10 participants will share an additional $1,000 prize pool. All rewards from the Credits Consumption Contest are distributed in Credits equivalent to their USD value.