
BlackRock's (NYSE:BLK) spot bitcoin (BTC) exchange-traded fund has now surpassed the world's largest gold fund in terms of inflows this year, according to data from Bloomberg Markets on Wednesday.
Through the four months of 2025, the IBIT has attracted $6.96 billion in net inflows.
That is compared to $6.50 billion for the (NYSE:GLD) which is the world's largest physically backed gold ETF.
The bitcoin ETF attracting more investor capital than the Gold Trust is a bit surprising given that the price of gold has risen nearly 30% this year.
But the interest of investors in crypto has surged in recent weeks as risk appetite returns to stock 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 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 per ounce for the first time.
Bitcoin is currently trading at $97,000.
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