Bitcoin ETFs eclipse traditional rivals with $4.2 billion in 2025 inflows

Bloomberg senior ETF analyst Eric Balchunas highlighted that spot Bitcoin exchange-traded funds (ETFs) are outperforming many traditional investment vehicles by their impressive start to 2025.

Balchunas shared data showing the funds have amassed $4.2 billion in inflows this year, accounting for 6% of total ETF inflows. To put this into perspective, the funds have attracted over $1 billion since Donald Trump’s inauguration as the US President on Jan. 20.

BlackRock’s IBIT, the largest Bitcoin ETF, has emerged as the frontrunner in 2025, capturing $2.3 billion in inflows. Fidelity’s FBTC follows closely with $1.1 billion, while Ark 21Shares’ ARKB rounds out the top three with $342 million in new investments.

On the other hand, Grayscale’s GBTC continues to experience negative flows, recording $255 million in outflows this year. Hashdex’s Bitcoin fund has also failed to gain traction, reporting zero inflows since the beginning of the year.

Bitcoin ETF Flows (Source: X/Balchunas)Since their launch, the 12 Bitcoin ETFs have collectively recorded $40 billion in net inflows. Their total assets under management (AUM) now stand at $121 billion, with a return of 127%. Bitcoin ETFs have surpassed ESG ETFs in assets ($117 billion) and now rival spot gold funds.

Balchunas noted that these numbers reflect the rising popularity of Bitcoin ETFs and further solidify their place in traditional financial markets.