May 10, 2025
BlackRock Bitcoin ETF IBIT Surpasses GLD ETF to Become Sixth in YTD ETF Flows
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BlackRock Bitcoin ETF IBIT Surpasses GLD ETF to Become Sixth in YTD ETF Flows #CriptoNews

Financial Insights That Matter

IBIT, the BlackRock Bitcoin ETF, has surpassed the SPDR Gold Shares ETF in year-to-date (YTD) flows, securing its position as the sixth highest.

This milestone, recently spotlighted by Bloomberg ETF analyst Eric Balchunas, shows the growing change in investor behavior, as they flock toward crypto-focused investment vehicles amid a spike in global adoption.

BlackRock Bitcoin ETF Surpasses GLD in YTD Flows

Specifically, the BlackRock iShares Bitcoin Trust (IBIT) has attracted $6.96 billion in YTD inflows for 2025, slightly edging out the SPDR Gold Shares (GLD), which recorded about $6.5 billion over the same period.

BlackRock Bitcoin ETF Surpasses GLD in YTD FlowsBlackRock Bitcoin ETF Surpasses GLD in YTD Flows
BlackRock Bitcoin ETF Surpasses GLD in YTD Flows

The development is especially notable considering gold’s impressive 29% price surge this year. Despite that strong performance, GLD has struggled to retain investor confidence, having seen substantial outflows since early 2024.

Notably, between Jan. 11 and Feb. 14, 2024, alone, investors withdrew around $2.6 billion from GLD. However, inflows appear to have recovered since then.

In contrast, IBIT’s momentum has been notable. Since launching in January 2024, the BlackRock Bitcoin ETF has accumulated an astounding $44.25 billion in net inflows. Notably, IBIT set a record on Nov. 7, 2024, when it absorbed a single-day inflow of $1.12 billion, marking the highest ever for any Bitcoin ETF to date.

The BlackRock Bitcoin ETF’s performance across different time frames has been equally impressive. Last week alone, it observed $2.48 billion in net inflowsits most impressive weekly performance since December 2024. Meanwhilein Aprilnet inflows amounted to $2.69 billion despite Bitcoin’s price struggles.

These flows have culminated in a one-year total of over $27 billion. Interestingly, within this one year, the BlackRock Bitcoin ETF only witnessed one month of outflows, when it shed $775 million in February 2025. This consistency across timeframes shows institutional confidence in Bitcoin’s long-term potential.

IBIT AUM Closing in on GLD

Moreover, IBIT’s assets under management (AUM) have surged to $59.64 billion making it the eleventh-largest ETF in BlackRock’s iShares suite, which includes over 400 funds.

For context, IBIT’s AUM climbed from zero at its January 2024 debut to $15 billion within just eight weeks. By October 2024, it had hit $30 billiondoing so in a record 293 days, a feat that took GLD nearly five years to achieve.

This occurs despite Bitcoin’s more modest YTD price increase of about 4%, compared to gold’s 29%. If it continues at this pace, analysts believe IBIT could potentially overtake GLD’s current AUM of $98.6 billion within the next few years.

Notably, over the past month alone, IBIT’s price surged by roughly 22.86%, rising from $44.98 to $55.27. Meanwhile, GLD’s price climbed approximately 13.47%, moving from $274.65 to $311.64.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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