Eric Balchunas: GLD has been outfloating $15 billion since March, larger than the sum of ETF divestments

According to Eric Balchunas, a senior ETF analyst in Bloomberg, according to early release A, the gold ETF SPDR Gold Shares (GLD) has been flowing $15 billion since 1 March, a scale about 50 per cent higher than the cumulative outflows of all available bitcoin ETFs since their height last October。