Bitcoin ETFs surpass gold ETFs in AUM

Key Takeaways

Bitcoin ETFs have surpassed gold ETFs in total assets under management, with Bitcoin funds reaching $129 billion.
BlackRock’s iShares Bitcoin Trust is the market leader in Bitcoin ETFs, managing nearly $60 billion in assets.

Bitcoin ETFs have surpassed gold ETFs in total assets under management, with Bitcoin funds reaching $129 billion compared to gold ETFs’ $128 billion, according to K33 Research.

The milestone comes less than a year after spot Bitcoin ETFs launched in January following the SEC’s approval.

According to ETF analyst Eric Balchunas, when including all Bitcoin ETF types—spot, futures, and leveraged—the total amounts to $130 billion, with spot Bitcoin ETFs accounting for $120 billion compared to spot gold ETFs at $125 billion.

BlackRock’s iShares Bitcoin Trust has emerged as the market leader, managing nearly $60 billion in assets.

The trust surpassed BlackRock’s iShares Gold Trust in November, indicating a shift in institutional investor preferences.

Bitcoin ETF inflows have surpassed $5 billion since November, coinciding with Bitcoin reaching a new all-time high of over 108,000.

The surge reflects investors seeking alternatives amid geopolitical and economic uncertainty driven by concerns over inflation, government deficits, and geopolitical instability.