BlackRock’s Bitcoin ETF Just Outmuscled Gold’s Heavyweight Champion

Wall Street’s shiny new toy—BlackRock’s spot Bitcoin ETF—just lapped the world’s largest gold fund in 2025’s inflow race. Take that, ancient store of value.

Digital Gold vs. The Original

IBIT’s $12.8B haul this year crushes the $10.7B managed by SPDR Gold Shares (GLD). Who needs bullion vaults when you’ve got blockchain timestamps?

The Institutional Stampede

TradFi’s embrace of crypto accelerates as pension funds and hedge funds pivot—apparently nothing sobers up risk committees like a 9-figure asset manager putting its brand on the line.

Cynical Footnote

Goldbugs scrambling to explain why their inflation hedge got outshone by an asset class that didn’t exist when their CFA textbooks were printed. Maybe ’millennial bait’ deserves a proper valuation model after all.