Gold exchange-traded funds (ETFs) have surpassed bitcoin ETFs in assets under management, reflecting a shift by investors towards this traditional safe-haven asset. This comes as bitcoin’s value has dropped over 19% in the last three months, whereas gold has risen by 12.5%.
Following a strong inflow period after their launch in the U.S. in January of the previous year, bitcoin ETFs are now facing significant outflows, with a loss of approximately $3.8 billion since February 24 of this year. Conversely, gold ETFs have seen their largest monthly inflows since March 2022 within the last month.
As a result of these changes, gold ETFs have “regained the crown of assets over bitcoin ETFs,” as noted by a senior ETF analyst 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
— Analyst (@Analyst) March 14, 2025
Bitcoin ETFs available in the U.S. first surpassed gold ETFs in terms of assets under management in December 2024, following a surge in the cryptocurrency market triggered by Donald Trump’s election victory.
Gold has been demonstrating impressive performance, recently surpassing the $3,000 per ounce mark for the first time. Gold futures for April delivery also crossed this threshold earlier in the week.
Factors such as market volatility and geopolitical instability have contributed to the rising price of gold, as interest in safe-haven assets continues to grow.
Read more: Gold’s Historic Rally Leaves Bitcoin Behind, But the Trend May Reverse