[Analysis: Retail Investors Seem to Be Shifting Funds from Gold and Bitcoin to Semiconductor Stocks] BlockBeats News, June 27, The Kobeissi Letter published an article stating that retail investors appear to be moving funds from gold and Bitcoin to semiconductor stocks. Data shows that since April, U.S. gold ETFs and Bitcoin ETFs have seen a combined net outflow of $12 billion; during the same period, U.S. semiconductor ETFs have attracted a total inflow of $20 billion. This trend accelerated in mid-May, with outflows from gold and Bitcoin funds more than doubling, while inflows into semiconductor ETFs also doubled. In terms of price performance, the largest U.S. gold ETF, GLD, has fallen 13% since early April, and the largest Bitcoin ETF, IBIT, has dropped 12% over the same period. Meanwhile, semiconductor ETFs SOXX and SMH have risen 81% and 60%, respectively. Retail investors are driving the market in unprecedented ways. [Original Link]