Investors chasing the artificial intelligence boom appear to be doing it partly with money that used to sit in Bitcoin.
According to Tech Times, AI stocks pulled $4.5 billion out of Bitcoin exchange-traded funds (ETFs) — the popular, brokerage-friendly products that let ordinary investors bet on Bitcoin without holding the cryptocurrency directly. In plain terms, dollars that had been parked in Bitcoin funds flowed toward AI-related equities instead.
The same report says two notable names in finance, Hashdex and Schwab, are forecasting a reversal — a signal that they expect the flow of money to swing back toward Bitcoin ETFs rather than continue draining away. Hashdex is a crypto-focused asset manager, and Schwab is a major brokerage, so their read on where capital is heading carries weight with the kind of mainstream investors these ETFs were built for.
Beyond those points, the source does not detail the time period over which the $4.5 billion moved, which specific funds were affected, or the reasoning behind the forecast for a turnaround.
Why it matters: the shift captures a tug-of-war for investor attention between two of the market's hottest themes — AI and crypto — and if Hashdex and Schwab are right that the trend reverses, the money now favoring AI could rotate back into Bitcoin.