ChainCatcher news, according to Nate Geraci, president of The ETF Store, the assets of BlackRock's Bitcoin exchange-traded fund iShares Bitcoin ETF (IBIT) have surpassed those of its gold exchange-traded fund iShares Gold ETF (IAU).Geraci stated on social media: "The assets of the iShares Bitcoin ETF (IBIT) have now surpassed those of the iShares Gold ETF (IAU). This achievement took only 10 months. In comparison, IAU was launched in January 2005. This development is absolutely astonishing."

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X: "This year, the overall inflow performance of ETFs has been very good. IBIT (Blackrock's Bitcoin spot ETF) ranks third, with a net inflow of $20 billion this year; the most popular gold ETF is GLD, which currently has assets under management of $68.88 billion; in comparison to the most popular gold ETF, the assets under management of BTC's ETF could still triple."

ChainCatcher news, The ETF Store president Nate Geraci predicts that by this time next year, the assets of spot cryptocurrency ETFs will exceed those of physical gold ETFs.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on the X platform that the size of silver ETFs is about 15% of gold ETFs, and the size of Ethereum ETFs may be similar to silver. Many people may not feel the need to go beyond Bitcoin/gold to allocate their cryptocurrency/precious metal portfolios.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated that Bitcoin ETFs will eventually surpass gold ETFs, and the only thing that could disrupt this is some kind of black swan event. The current allure of these ETFs is beyond imagination.As long as the price of Bitcoin continues to rise (three to four days a week), I really don't see anything that will slow down this trading for a while, as it is now spiraling upwards and somewhat reliant on the price of Bitcoin. The higher the price, the more people experience FOMO and become interested, and the more inflow there is, the higher the price goes.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan posted on X platform that the cumulative net inflow of Bitcoin spot ETFs reached $1.7 billion over 14 trading days, surpassing the cumulative net inflow of $1.3 billion for gold ETFs during the same period.