OKG Research points out that in 2024, gold demand will still be primarily driven by traditional uses, with jewelry accounting for 44%, central bank purchases for 23%, and investment for only 26%. Since the second quarter of 2022, ETFs have experienced increased volatility as a short-term hedging tool, resulting in continued net outflows. In contrast, Bitcoin is gradually gaining institutional recognition as a new type of digital safe-haven asset, featuring on-chain self-custody, global liquidity, and brand effect. Gold acts as a trust anchor of the old system, while Bitcoin constructs new decentralized reserve channels. Both are building parallel hedging channels, providing a new structure of "dual-track hedging" for global capital allocation.

PANews reported on April 2 that according to OKG Research, gold demand in 2024 will still be dominated by traditional uses, with jewelry accounting for 44%, central bank gold purchases accounting for 23%, and investment accounting for only 26%. ETFs, as short-term hedging tools, have become more volatile and have continued to have net outflows since the second quarter of 2022. In contrast, Bitcoin is gradually gaining institutional acceptance and has become a new type of digital safe-haven asset with its on-chain self-custody, global liquidity and brand effect. Gold serves as a trust anchor for the old system, while Bitcoin builds a new decentralized reserve channel. The two are building parallel safe-haven channels to provide a new structure for global capital to configure a "dual-track safe haven".

OKG Research: Constructing a "Dual Track Hedging" System with Gold and Bitcoin