Bitcoin ETFs Near $50B, Absorb 70% of Gold’s Inflows as Institutional Demand Surges in 2025

Bitcoin exchange-traded funds (ETFs) have pulled in $13.5 billion in net inflows so far in 2025, closing the gap with gold ETFs, which saw $19.2 billion in inflows. This means Bitcoin has already captured nearly 70% of gold’s total inflow year-to-date.

While gold had a head start earlier in the year, the data, shared by the analytics account Ecoinometrics, shows that Bitcoin is now showing a much stronger momentum.

In the broader ETF market, US stocks remain the top performer with the highest inflows, followed by US bonds. Meanwhile, Ethereum ETFs are still struggling, drawing only a fraction of the attention compared to Bitcoin and gold.

This shift marks a turning point for hard asset ETFs, as Bitcoin begins to match traditional safe-haven assets in institutional demand.

Cumulative flows into spot Bitcoin ETFs have surged toward $50 billion by July 2025, based on the latest chart data. The curve shows a consistent upward trend since U.S. ETFs launched in early 2024, with notable accelerations in late Q4 2024 and again during Q2 2025.

The early months after launch saw steady inflows, reaching around $10 billion by May 2024. Momentum increased sharply through the second half of 2024, with inflows crossing $30 billion by year-end. After a short consolidation in early 2025, a fresh wave of capital pushed cumulative flows above $45 billion by midyear.

The pattern of accumulation highlights sustained interest from institutional investors. Funds such as BlackRock’s iShares Bitcoin Trust (IBIT) played a key role, absorbing billions in assets throughout the first 18 months of operation.

Periods of slower growth in early 2025 likely reflect broader market consolidation, but inflows picked up again by April—suggesting renewed confidence in Bitcoin as a strategic asset class.