Bitcoin ETFs surpass gold ETFs by AUM

Key Takeaways

Bitcoin ETFs have surpassed gold ETFs in total assets under management, with Bitcoin funds reaching $129 billion.
The BlackRock 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 SEC approval.

according to to ETF analyst Eric Balchunas, when they include all types of Bitcoin ETFs – spot, futures, and leveraged – the total amounts to $130 billion, with the spot Bitcoin ETF 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 outperformed the BlackRock iShares Gold Trust in November, reflecting 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 rise reflects investors seeking alternatives amid geopolitical and economic uncertainty driven by concerns about inflation, government deficits, and geopolitical instability.