Year-to-date, Bitcoin ETFs have caught up to gold in net inflows.
2025 has swung between risk-on and risk-off regimes, but right now, both gold and Bitcoin are nearly tied in ETF flows for the year.
Despite their differences, both assets are now core hard-asset holdings in many investor portfolios.

But there’s a new development: Ethereum is starting to catch up.
Ethereum ETFs have now attracted 35% of the flows seen by the Bitcoin ETFs.
That’s the key ingredient that was missing in past years and it could be what finally fuels a real Ethereum bull market.
Follow @ecoinometrics for more data-driven insights on Bitcoin and macro.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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