🔥🔥🔥In Q1, tokenized gold XAUT recorded strong capital inflows, estimated at ~90 billion USD, causing Bitcoin to close the quarter weaker compared to gold-backed assets. The shift of capital into XAUT may hinder BTC’s recovery in Q2 as investors seek a safe haven in tokenized gold. The market needs to monitor liquidity and capital flows between $XAUT , stablecoins, and $BTC #新手成长营@OKX成长学院 .