A new war erupts on Wall Street, this time between bitcoin enthusiasts and gold proponents. The conflict is evolving into ETF formats initiated by Tidal Financial Group.
Launch of New ETFs by Tidal Financial Group
This week, Tidal Financial Group filed with the US Securities and Exchange Commission to launch two aggressive ETFs. One will support Bitcoin while betting against gold, and the other will do the opposite. These funds suggest that investors will easily be able to choose sides in the clash between cryptocurrencies and precious metals.
Expert Opinions on the New Products
Some experts, such as Dhaval Joshi from Counterpoint, see this initiative as a step forward. He argues that Bitcoin and gold can belong to the same asset class. 'Bitcoin will gradually take market share from gold,' Joshi noted. Meanwhile, Brent Donnelly, president of Spectra FX Solutions, considers the new ETFs unnecessary and noisy, claiming that similar trades could already be made with existing instruments.
Market Dynamics and Investor Impact
The market situation remains tense. While gold has reached new highs in 2025 due to economic instability in the US, Bitcoin initially fell but then recovered. Retail traders' interest in both assets remains high, even after significant volatility in April. In 2025, over $14 billion flowed into gold, while leading Bitcoin ETFs attracted about $8 billion.
The conflict between Bitcoin and gold is intensifying, drawing investor attention as they consider different strategies amid economic uncertainty.
