{"id":25549,"date":"2025-05-07T10:31:39","date_gmt":"2025-05-07T10:31:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25549"},"modified":"2025-05-07T10:31:39","modified_gmt":"2025-05-07T10:31:39","slug":"blackrocks-spot-bitcoin-etf-tops-worlds-largest-gold-fund-in-inflows-this-year","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25549","title":{"rendered":"BlackRock\u2019s Spot Bitcoin ETF Tops World\u2019s Largest Gold Fund in Inflows This Year"},"content":{"rendered":"<div>\n<p>The price of gold has surged almost 29% this year, solidly beating the 3.8% gain in  bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\">BTC<\/a>). Even so, that&#8217;s failed to deter investors eager to add the largest cryptocurrency to their portfolios.<\/p>\n<p>BlackRock&#8217;s spot bitcoin ETF (IBIT) has attracted a net $6.96 billion in inflows since the start of the year, the sixth-largest amount of all exchange-traded funds, according to data from Bloomberg&#8217;s <a href=\"https:\/\/x.com\/EricBalchunas\/status\/1919717100416880909\">senior ETF analyst, Eric Balchunas<\/a>. SPDR Gold Trust (GLD), the world&#8217;s largest physically backed gold ETF, slipped to the number seven position Monday with net inflows of $6.5 billion.<\/p>\n<p>IBIT&#8217;s outperformance indicates institutions&#8217; persistent confidence in bitcoin&#8217;s long-term prospects despite the relatively dour price performance. Gold has climbed $3,384, largely due to wrangles over international trade, renewed inflation concerns and geopolitical tensions. While BTC, called by some as digital gold, hit a record high in January, it&#8217;s now more than 10% below that level.<\/p>\n<p>&#8220;To take in more cash in that scenario is really good sign for long term, and inspires confidence in our call that BTC ETFs will have triple gold&#8217;s aum in 3-5yrs,&#8221; Balchunas said on X.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/a4019d8ee9a1ce46be327be292bc4c462b4cf389-994x560.jpg?auto=format\" alt=\"Top ETFs by year-to-date inflows. (Eric Balchunas\/Bloomberg)\" title=\"Top ETFs by year-to-date inflows. (Eric Balchunas\/Bloomberg)\"><\/p>\n<p><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The price of gold has surged almost 29% this year, solidly beating the 3.8% gain in bitcoin (BTC). Even so, that&#8217;s failed to deter investors eager to add the largest cryptocurrency to their portfolios. BlackRock&#8217;s spot bitcoin ETF (IBIT) has attracted a net $6.96 billion in inflows since the start of the year, the sixth-largest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25549","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25549"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25549\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}