Share this article
BlackRock’s Spot Bitcoin ETF Tops World’s Largest Gold Fund in Inflows This Year
IBIT's outperformance indicates institutions' confidence in bitcoin's long-term prospects despite the cryptocurrency's relatively dour price performance.
Updated May 7, 2025, 3:56 p.m. Published May 7, 2025, 9:24 a.m.
What to know:
- IBIT has surpassed the SPDR Gold Trust in year-to-date inflows despite BTC's dour price performance.
- Resilient inflows represents institutional investors' confidence in bitcoin's long-term prospects.
The price of gold has surged almost 29% this year, solidly beating the 3.8% gain in bitcoin (BTC). Even so, that's failed to deter investors eager to add the largest cryptocurrency to their portfolios.
BlackRock's spot bitcoin ETF (IBIT) has attracted a net $6.96 billion in inflows since the start of the year, the sixth-largest amount of all exchange-traded funds, according to data from Bloomberg's senior ETF analyst, Eric Balchunas. SPDR Gold Trust (GLD), the world's largest physically backed gold ETF, slipped to the number seven position Monday with net inflows of $6.5 billion.
STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines
IBIT's outperformance indicates institutions' persistent confidence in bitcoin's long-term prospects despite the relatively dour price performance. Gold has climbed $3,384, largely due to wrangles over international trade, renewed inflation concerns and geopolitical tensions. While BTC, called by some as digital gold, hit a record high in January, it's now more than 10% below that level.
"To take in more cash in that scenario is really good sign for long term, and inspires confidence in our call that BTC ETFs will have triple gold's aum in 3-5yrs," Balchunas said on X.
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
Is XRP crashing? The sustained break below $2 signals trouble
XRP's price chart paints a bearish picture, but a softer-than-expected U.S. inflation could spark a rebound.
Lo que debes saber:
- XRP bears have finally established a solid foothold below the $2 support.
- This may draw more sellers to the market, potentially yielding a deeper slide.
- Other key indicators favor the bearish outlook.
Top Stories
