🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Outflow from Bitcoin ETFs, Inflow into Gold ETFs Increases, Gold Ounce Price Breaks Record! Here are the details
Gold's historic rally has propelled the precious metal to new highs and has outpaced Bitcoin in recent weeks. Spot gold surpassed $3,000 per ounce for the first time. Gold futures for April delivery also briefly surpassed $3,000 on Thursday.
Gold's Historic Rally Overtakes Bitcoin, But Trend Could Reverse
The yellow metal is up over 15% in 2025, driven by market volatility due to strong ETF inflows, geopolitical uncertainty, and tariff concerns linked to former U.S. President Donald Trump.
Meanwhile, gold, which is priced in British pounds, has yet to reach an all-time high of £2,363 and is currently trading £300 below that level.
While gold has benefited from massive investor interest, Bitcoin has struggled with outflows The two assets have seen sharply opposite ETF moves, according to Charlie Morris, founder of ByTree and manager of the BOLD ETF, which tracks both gold and Bitcoin.
"In the last 30 days, gold ETFs have attracted $10 billion in inflows, while Bitcoin ETFs have lost $5 billion," Morris said.
Despite the current trend, he predicts a market reversal. "Sooner or later, the tides will reverse again, as they always have," Morris added.
Gold's rise came as investors sought safe havens amid global economic uncertainty. Meanwhile, Bitcoin has been volatile with analysts debating whether to regain momentum or continue to face selling pressure.
For now, gold is taking center stage, but if history is any indication, Bitcoin could be poised for a strong comeback.