This should be normal, bitcoin is makeing life more easy, and unlike gold, you can decide to purchase just $200 or less, which makes bitcoin purchase more flexible and easy. Bitcoin is a digital currency that if protected well, it is perfect to avoid theft unlike gold that can be stolen, also bitcoin is deflationary currency with intrinsic value and appreciative asset unlike fiats that are depreciative assets. So, bitcoin solve the theft and inflation issue. Why will people not go for it, I have thought of bitcoin purchase 99.99% times without thinking about gold purchase for now. People will go for  bitcoin because it serves the whole purposes of fiats and commodities like gold all together. Bitcoin is money, currency, commodity and asset, four in one, it is not easy.

Bitcoin is a better investment for short-term potential gain and that is why most institutions now ditch gold and go for Bitcoin but you also have the potential to lose a lot of money. Gold, however, is a stable investment that is almost guaranteed to return on your investment in the long term.
I believe investors would stick more to gold than Bitcoin if they are planning a long term investment and they are afraid to make loss.

They are finally on the hunt for Bitcoin and getting ahead of their peers. But it poses a serious problem of capitalization for us traders/investors.