Too many boomers in this world. Most likely they flee to bonds which is insane but with all the money mangers in the world that has always been the playbook during crisis do not see that thinking changing.
Discussion
Not going to be the case when spot etf opens. Boomers don't give a shit about anything except making money. When they see bonds are useless they will allocate 5% into BTC. Bonds won't pay a fraction of inflation when they start admitting to QE which they are already doing under alphabet suop of finacial instruments and deny its QE.