BlackRock's (BLK) spot Bitcoin (BTC) exchange-traded fund has surpassed the world’s largest gold fund in terms of inflows this year.
Through four months of 2025, BlackRock’s Bitcoin ETF (IBIT) has attracted a net $6.96 billion U.S. in inflows, according to data from Bloomberg Markets.
That’s more than the $6.50 billion U.S. of net inflows seen in the SPDR Gold Trust (GLD), which is the world's largest physically backed gold ETF.
That the Bitcoin ETF has attracted more investor capital than the Gold Trust is a bit surprising given that the price of gold has risen nearly 30% this year compared to a 4% gain in Bitcoin.
However, investor interest in crypto has risen in recent weeks as risk appetite returns to equity markets and digital assets.
BlackRock’s spot Bitcoin ETF also continues to attract strong interest from institutional investors as well as individual retail investors.
Referred to by some analysts and investors as “digital gold,” Bitcoin’s price hit a record high of $109,000 U.S. in January of this year but is currently about 10% below that level.
Gold meanwhile has hit a record high in recent weeks amid ongoing market volatility, rising above $3,500 U.S. per ounce for the first time.
Bitcoin is currently trading at $97,000 U.S. per digital token.
