[Bloomberg Analyst: Bitcoin has risen 12% since the Middle East conflict, sparking renewed discussion on its safe-haven asset properties] Deep Tide TechFlow reports that on March 5, Bloomberg ETF Senior Analyst Eric Balchunas posted on the X platform, stating that Bitcoin ETFs have attracted another $500 million in inflows. Among the 11 U.S. Bitcoin ETFs, 10 have been favored by investors. Additionally, since the escalation of the Middle East conflict, Bitcoin has risen approximately 12%, while gold has declined during the same period. This performance has sparked market discussions about the safe-haven properties of the two assets. Eric Balchunas further noted that it is relatively rare for Bitcoin to strengthen while gold declines in the context of rising geopolitical uncertainty. This has led some investors to reconsider the roles of traditional "safe-haven assets" and "digital gold." Does this suggest that gold has failed to fulfill its safe-haven function in the current environment, or does it indicate that Bitcoin is gradually taking on some of the functions of a safe-haven asset? However, long-term market opinions remain divided. Some analysts believe that gold is still the primary safe-haven asset during traditional crises, while Bitcoin's market performance tends to be more volatile.