BlackRock's Bitcoin ETF Surges in Inflows, Outpaces Gold Trust in Year-to-Date Momentum

BlackRock's Bitcoin ETF, $IBIT, continues to gain momentum with a remarkable 15-day streak of inflows, pulling in another $500 million in a single day

In the dynamic world of exchange-traded funds (ETFs), figures speak volumes, especially when it comes to the year-to-date (YTD) stats.

As we delve into the latest YTD ETF flow data, one ETF stands out for its 15-day streak of inflows.

After pulling in another $500 million in a single day, iShares Bitcoin ETF (NYSE:IBIT) has risen to 6th place in YTD ETF flows, according to Bloomberg Senior ETF Analyst Eric Balchunas.

To put this into perspective, $IBIT has now outpaced SPDR Gold Trust (NYSE:GLD) in YTD inflows, despite gold’s historic run, with GLD up 23% YTD. In contrast, $IBIT is only up 4.03% YTD.

Despite the smaller gains, $IBIT attracted more investor capital, with $6.96 billion in flows compared to $6.51 billion for GLD.

“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 3-5 years.”

This bullish view is based on the structural momentum behind Bitcoin ETFs, growing institutional interest, and a shift in investor preference from gold to digital assets as a store of value.

$IBIT’s inflow streak places it ahead of major funds like QQQM and VUG in terms of capital allocation so far this year.

Among the top 10 ETFs by YTD inflows, VOO leads with $55.6 billion, followed by SGOV with $16.6 billion and VTI with $13.8 billion. SPLG and BIL come next, with inflows of $12.1 billion and $10.9 billion, respectively.

Then comes IBIT with $7.0 billion — ahead of GLD’s $6.5 billion. Rounding out the list are QQQM with $6.4 billion, VUG with $6.0 billion, and JEPQ with $5.7 billion.