IBIT Bitcoin ETF Ranks Among Top 2025 Fund Flows Despite Negative Returns
The IBIT Bitcoin ETF ranks 6th by year-to-date inflows on the 2025 ETF flow leaderboard despite posting a negative YTD return of approximately -9.6%. It has attracted roughly $25.4 billion in net inflows, making it the only top-flow ETF with a negative return in 2025. Notably, IBIT has drawn more net inflows than GLD, which has gained over 64% year to date.
According to Bloomberg Intelligence analyst Eric Balchunas, this trend reflects a "HODL clinic," with longer-term investors using spot Bitcoin ETFs as strategic holdings. While broad equity ETFs such as VOO lead inflows with over $145 billion, followed by IVV, VTI, and SPYM, Bitcoin ETFs continue to attract inflows at a pace surpassing gold ETFs despite underperformance.
The ability of IBIT to draw about $25 billion in net inflows amid negative returns suggests substantial potential for even larger inflows under stronger market conditions.