Categories: Blockchain News

Bitcoin ETFs Surge as BlackRock’s IBIT Closes In on Gold GLD

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Bitcoin (BTC) spot exchange-traded funds (ETFs) registered a huge inflow, posting their most significant weekly increase since April 2025. Investors added over $2.7 billion to the Bitcoin ETF during the week when BTC hit a new all-time high (ATH).

Massive Inflows Drive Bitcoin ETF Market to New Heights

Farside Investors’ data show $2,750,200,000 worth of Bitcoin ETF. This leaves the inflow volume about $309.8 million less than the figure posted in April when Bitcoin ETF investors added $3.06 billion to the market.

The latest inflow marks the sixth consecutive week for the Bitcoin ETF market, bringing cumulative inflows to $44.53 billion.

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Comparatively, the gold ETF, which has recorded $4.9 billion in inflows this year, has a cumulative total asset of $100 billion. This is despite being in the financial space since 2004, about 20 years before the spot Bitcoin ETF made its debut.

This has led to predictions that the Bitcoin ETF could flip its gold counterpart in a few years, if not months.

IBIT Leads Institutional Surge, Challenges Gold ETF Dominance

Interestingly, the iShares Bitcoin ETF, IBIT, has seen $48 billion in assets, worth $71 billion. Grayscale is next with $21.7 billion, followed by Fidelity’s FBTC with $21 billion. Other big funds in the ecosystem include Bitwise, Ark Invest, and VanEck.

The figures show that IBIT, the leading Bitcoin ETF, is already giving SPDR Gold ETF a good chase. If IBIT sustains the current inflow momentum, it could also flip the gold ETF.

This development indicates that investors are more attracted to Bitcoin ETFs and that the asset class is growing in institutional adoption.

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Bitcoin Price Faces Pullback After New ATH

Meanwhile, in the cryptocurrency market, Bitcoin, after a drawn-out period of consolidation, witnessed a breakout that saw it set a new ATH. The move wiped Bitcoin’s previous ATH of $109,487. On May 22, 2025, it set a new ATH of $111,970.17 in a bullish rally that rubbed off on altcoins.

As of this writing, Bitcoin’s price has dropped to $108,922.20 following renewed trade tariff conversations from the U.S. Bitcoin exchanges, representing a 0.46% decline in the last 24 hours.

The pullback has affected investor interest as trading volume dipped by a significant 20.93% to $52.71 billion.

The post Bitcoin ETFs Surge as BlackRock’s IBIT Closes In on Gold GLD appeared first on BitcoinLinux.com.

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