Gold exchange-traded funds (ETFs) have surpassed bitcoin ETFs in assets under management as investors gravitate towards the traditional safe-haven asset. This shift comes as the price of BTC dropped by over 19% in the last three months, while the value of gold increased by 12.5%.
Bitcoin ETFs, which initially attracted significant investments following their launch in the U.S. in January of the previous year, have experienced substantial outflows, losing approximately $3.8 billion since February 24 of this year, according to Farside Investors . On the other hand, gold ETFs saw their highest monthly inflows since March 2022 last month, according to the World Gold Council.
This shift in investment flows has resulted in gold ETFs reclaiming the top position in terms of assets over bitcoin ETFs, as highlighted by Bloomberg Senior ETF analyst Eric Balchunas on social media.
The Empire Strikes Back: Gold ETFs have reclaimed the asset crown over bitcoin ETFs thanks to a 12% gain this year. https://t.co/ls67z5sIs5
— Eric Balchunas (@EricBalchunas) March 14, 2025
U.S.-listed spot bitcoin ETFs had surpassed gold ETFs in assets under management in December 2024 as the cryptocurrency market surged following Donald Trump’s victory in the U.S. presidential elections.
Meanwhile, gold has been on a significant upward trend. Recently, it crossed the $3,000 per ounce mark for the first time ever, with gold futures for April delivery surpassing the same level earlier in the week.
