Bitcoin ETF Boom May Unlock $60T Despite Institutional Caution—Bitwise
The post Bitcoin ETF Boom May Unlock $60T Despite Institutional Caution—Bitwise appeared on BitcoinEthereumNews.com. Spot Bitcoin ETFs have drawn massive flows since their U.S. debut in January 2024. Collectively, they garnered roughly $35–36 billion in net inflows in 2024. The pace has slowed in 2025 (about $4.0 billion by April 30, 2025), but rebounded with more than $5 billion added in May alone. BlackRock’s iShares Bitcoin Trust (IBIT) and others have seen sustained inflows (a 30‑day no‑outflows streak in mid-May). By contrast, flows into gold’s flagship ETF (SPDR Gold Shares, GLD) have been muted. GLD’s holdings recently ticked up to 904.38 tonnes by late Feb. 2025 (reflecting early 2025 demand), but flipped to modest outflows thereafter. In the week to May 23, for example, GLD shed about 3.2 tonnes ($200 million) of bullion even as Bitcoin funds absorbed $1.2 billion. Ballooning Bitcoin ETF Flows, Lagging Gold Inflows Through 2024, the new Bitcoin ETFs raced out of the gate. U.S. filings show roughly $11.8 billion had flowed in by April 30, 2024 (the first 3½ months) – compared with only $4.0 billion by the same date in 2025. Full-year 2024 inflows reached about $35.4 billion. That same period, the largest gold ETF saw far less net buying. Global gold funds (led by GLD) did see a surge in Q1 2025 – an inflow of 226.5 tonnes ($21.1 billion) – but the pace has since waned. For example, State Street’s gold ETFs (GLD and GLDM) drew only about $0.48 billion into GLD over five days in mid-March. By May, GLD holdings were being pared back. In one week to May 23, GLD lost roughly 3.2 tonnes ($200 million) while Bitcoin ETFs saw inflows of over $1.2 billion in the same span. GLD Vs. U.S. Spot Bitcoin ETF Flows by Year| Source: Bitwise Report Bitcoin’s price performance underscores the trend. The crypto has roughly doubled since early 2024. It traded near $40,000 in mid-January. 2024 (having just broken through its January 11 ETF-era high)…
The post Bitcoin ETF Boom May Unlock $60T Despite Institutional Caution—Bitwise appeared on BitcoinEthereumNews.com.
Spot Bitcoin ETFs have drawn massive flows since their U.S. debut in January 2024. Collectively, they garnered roughly $35–36 billion in net inflows in 2024. The pace has slowed in 2025 (about $4.0 billion by April 30, 2025), but rebounded with more than $5 billion added in May alone. BlackRock’s iShares Bitcoin Trust (IBIT) and others have seen sustained inflows (a 30‑day no‑outflows streak in mid-May). By contrast, flows into gold’s flagship ETF (SPDR Gold Shares, GLD) have been muted. GLD’s holdings recently ticked up to 904.38 tonnes by late Feb. 2025 (reflecting early 2025 demand), but flipped to modest outflows thereafter. In the week to May 23, for example, GLD shed about 3.2 tonnes ($200 million) of bullion even as Bitcoin funds absorbed $1.2 billion. Ballooning Bitcoin ETF Flows, Lagging Gold Inflows Through 2024, the new Bitcoin ETFs raced out of the gate. U.S. filings show roughly $11.8 billion had flowed in by April 30, 2024 (the first 3½ months) – compared with only $4.0 billion by the same date in 2025. Full-year 2024 inflows reached about $35.4 billion. That same period, the largest gold ETF saw far less net buying. Global gold funds (led by GLD) did see a surge in Q1 2025 – an inflow of 226.5 tonnes ($21.1 billion) – but the pace has since waned. For example, State Street’s gold ETFs (GLD and GLDM) drew only about $0.48 billion into GLD over five days in mid-March. By May, GLD holdings were being pared back. In one week to May 23, GLD lost roughly 3.2 tonnes ($200 million) while Bitcoin ETFs saw inflows of over $1.2 billion in the same span. GLD Vs. U.S. Spot Bitcoin ETF Flows by Year| Source: Bitwise Report Bitcoin’s price performance underscores the trend. The crypto has roughly doubled since early 2024. It traded near $40,000 in mid-January. 2024 (having just broken through its January 11 ETF-era high)…
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