Spot Crypto ETFs: The New Gold Rush, But With a Digital Twist 🌟💰

Spot crypto ETFs have seen a staggering $20 billion in inflows since April, outclassing all other ETF types. In a world where the digital and the tangible increasingly blur, one might wonder if we are witnessing the dawn of a new era, or simply a modern-day tulip mania. 🌻

Spot crypto dominated ETF inflows in the second quarter of 2025. On Wednesday, July 15, NovaDius Wealth President Nate Geraci highlighted the strong performance of spot ETFs. According to a chart by Todd Sohn from Strategas, spot crypto ETFs recorded $20 billion in inflows since April 8, more than any other ETF category. It seems the digital alchemists have found their Philosopher’s Stone, turning bits into gold. 🪙

Since April 8th S&P 500 low…

Spot crypto ETFs lead *all* ETF categories in inflows.

$20bil.

via @Todd_Sohn

— Nate Geraci (@NateGeraci) July 15, 2025

Spot crypto ETFs, specifically spot Bitcoin (BTC) and Ethereum (ETH) ETFs, drew twice as much capital as precious metals. In fact, they attracted more inflows than both precious metal and commodity ETFs combined. It’s as if the digital realm has become the new El Dorado, where the streets are paved with code. 🛤️

Bitcoin and Ethereum ETFs also exceeded the combined inflows into thematic fund ETFs and Treasury bill ETFs. This is notable given the rise in Treasury yields during the same period and the growing popularity of AI-focused thematic funds. It seems that in the digital age, even the most traditional of assets are being outpaced by the new kids on the block. 🏃‍♂️💨

These inflows suggest that more investors are turning to Bitcoin as a hedge against inflation and geopolitical risk, a role traditionally held by gold, silver, and other commodities. Perhaps the future belongs to those who can navigate the digital seas, rather than those who hoard physical treasures. 🚤

Bitcoin ETFs top gold by speed of inflows

Since the launch of Bitcoin ETFs, inflows have surged rapidly. A chart shared by Phil Rosen shows the pace of growth compared to gold ETFs. Over the past 13 years, gold ETFs have attracted approximately $70 billion in inflows. By comparison, Bitcoin ETFs have accumulated $50 billion in just 150 trading days since their launch. It’s a race where the tortoise (gold) is being outpaced by the hare (Bitcoin). 🐇🐢

Investors are piling into bitcoin ETFs way faster than gold. $BTC is taking over Wall Street at a historic rate.

(h/t @Todd_Sohn)

— Phil Rosen (@philrosenn) July 15, 2025

Still, gold ETFs continue to dominate in terms of assets under management. For instance, the largest among them, the SPDR Gold Shares ETF, has $102.12 billion in AUM alone. The second largest, BlackRock’s iShares Gold Trust, has $47.75 billion in AUM. This suggests that while Bitcoin has gained ground as a macro hedge, it still has a long way to go before it can rival gold as a dominant store of value. Perhaps the old adage holds true: “Old habits die hard, and old metals die harder.” 🤔

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2025-07-16 16:21