...
There certainly seem to be a shift happening with how institutions evaluate gold versus crypto. Crypto delivers transparency and worldwide liquidity that gold just can't match in the digital era but I still think gold maintains value as a hedge and a physical asset, Banks moving into crypto makes sense strategically but I wouldn't rule gold out totally just yet.
There is also a digital version of gold so anyone can buy gold digitally and physically like buyers of the past and the banks moving into crypto is really part of the banks’ own awareness of Bitcoin so banks are starting to make decisions that are surprising to many people because maybe the banks have been very impressed with the transparency system in Bitcoin. So this could be a breakthrough for banks because previously banks didn’t really like Bitcoin, but in the end they also had to admit that the system in Bitcoin is the best and they are starting to want to move to it.