Bitcoin-related products (spot, futures, and leveraged ETFs) now manage $129 billion in assets, setting a new record for institutional investments.
Bitcoin ETFs, encompassing spot, futures, and leveraged products, have overtaken gold ETFs in terms of assets under management (AUM), reaching $129.25 billion compared to $128 billion for gold funds.
This milestone, confirmed by Vetle Lunde of K33 Research and Bloomberg analyst Eric Balchunas, marks a shift in the institutional investment landscape. However, spot gold ETFs still hold more assets than spot Bitcoin ETFs, with $125 billion compared to $121 billion.
The rise of spot Bitcoin ETFs, launched just 11 months ago, contrasts sharply with the two-decade history of gold ETFs, highlighting the growing interest of institutional investors in Bitcoin. The 12 spot Bitcoin ETFs in the US now collectively hold over 1.1 million BTC.
Bitcoin ETFs now represent 1% of all US ETFs, with BlackRock’s IBIT standing out as the most successful ETF launch since 2014, surpassing approximately 2,850 competing products.
With daily inflows of half a billion dollars, analysts predict that by 2025, spot Bitcoin ETFs will definitively surpass gold ETFs, cementing Bitcoin’s position as a premier institutional investment asset.
