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BlackRock’s Spot Bitcoin ETF Tops World’s Largest Gold Fund in Inflows This Year

IBIT's outperformance indicates institutions' confidence in bitcoin's long-term prospects despite the cryptocurrency's relatively dour price performance.

By Omkar Godbole|Edited by Sheldon Reback

Updated May 7, 2025, 3:56 p.m. Published May 7, 2025, 9:24 a.m.

IBIT races past GLD in terms of YTD inflows. (mibro/Pixabay) — IBIT races past GLD in terms of year-to-date inflows. (mibro/Pixabay)