Woofun AI data shows that US gold and Bitcoin-related ETFs experienced cumulative net outflows of approximately $12 billion since April, whereas semiconductor ETFs recorded net inflows of about $20 billion. This capital rotation accelerated in mid-May, with outflows from gold and Bitcoin ETFs tripling and semiconductor inflows doubling. The world's largest gold ETF, GLD, declined roughly 13% since early April, and the Bitcoin ETF IBIT dropped approximately 12%. Conversely, semiconductor ETFs SOXX and SMH rose by roughly 81% and 60%, respectively, indicating a shift in retail risk appetite toward high-growth sectors.