Paul Tudor Jones calls BTC 'unequivocally the best inflation hedge' — and ETF flows are backing him up!

Bitcoin has climbed 19% in just over a month, topping $80,000 for the first time since January — and the rally is happening alongside, not despite, rising inflation signals. Oil is hovering above $100, Bloomberg's commodity futures index has hit a decade high, and U.S. consumer inflation expectations are surging. In the old playbook, that combination would be a headwind for BTC; higher inflation historically meant tighter Fed policy, higher yields, and less appetite for yield-less assets.

This cycle looks different. Since March, the 11 U.S.-listed spot Bitcoin ETFs have pulled in $4.45 billion — nearly reversing the outflows that weighed on price last autumn. Bitget Research chief analyst Ryan Lee frames the shift plainly: gold is no longer the default hedge; digital assets are increasingly considered alongside it. Wincent's Paul Howard goes further, arguing BTC's combination of finite…