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Investors Are Piling Into Bitcoin Again — WSJ

By Hannah Erin Lang$2.5 billionThat's how much traders have poured into spot bitcoin exchange-traded funds over the last seven trading days, according to Dow Jones Market Data. It is the largest seven-day inflow since October.The prices of bitcoin, gold and other alternative assets have surged in recent days, thanks to the so-called debasement trade. The idea is that long-term value of the U.S. dollar will be eroded by inflation and widening budget deficits, urging investors to consider dollar alternatives.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
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