According to online reports, analysts at JPMorgan Chase said that safe-haven demand is boosting gold, but Bitcoin has missed the opportunity. Analysts such as JPMorgan Managing Director Nikolaos Panigirtzoglou wrote that gold is attracting inflows from exchange-traded funds (ETFs) and futures markets, driven by investors seeking safety amid macro uncertainty. On the other hand, gold lags behind, speculative interest in futures has declined, and ETF funds have flowed out for three consecutive months.