Last May witnessed a noticeable migration of liquidity from gold to Bitcoin, as Bitcoin ETF funds received more than $9 billion, while gold funds experienced an outflow of over $2.8 billion during the same period.
The crisis of doubt created by tariffs has highlighted Bitcoin more as a hedge amidst volatile geopolitical and economic conditions.
Gold still retains its position as a traditional store of value, but it has begun to lose part of its share in favor of Bitcoin. Despite this shift, there are still doubts among traditional investors regarding Bitcoin being a safe store of value, due to its price volatility.
Today, shareholders at Meta rejected the proposal to add Bitcoin to the balance sheet, and this also happened with Microsoft.
In my personal opinion, Bitcoin is not in doubt as a currency or as an investment asset for investors, but rather the lack of a "protective key" (for now) prevents its price from fluctuating suddenly, unlike gold or treasury assets.
Most likely, the situation will change in the future, but first, a solution must be found for some "bumps," the most important of which is Strategy.$BTC