According to Nate Geraci, co-founder of the ETF Institute, Bitcoin ETFs could potentially surpass Gold ETFs in the next two years. The current growth figures of Bitcoin ETFs and their market impact support this prediction.

Current Dynamics of Bitcoin and Gold ETFs

Available data shows that Gold ETFs have cumulative flows of around $50 billion compared to Bitcoin ETFs' $20 billion. Despite being around for only ten months, Bitcoin products have shown strong performances relative to Gold ETFs.

Impressive Growth in Bitcoin ETF Volumes

Bitcoin ETFs saw net inflows reach $21 billion this past week, with BlackRock's IBIT leading the charge by attracting over $1 billion. Other ETFs like Ark Invest ARKB and VanEck HODL also added significantly. Geraci noted that demand for Bitcoin ETFs is coming from multiple fronts.

New Investments and SEC Decisions

The SEC's approval for NYSE and CBOE to list options for trading Bitcoin ETFs could bring new funds. Bloomberg's Eric Balchunas noted that this approval was expected but still a positive development, given the SEC was a major hurdle.

Bitcoin continues to show positive performance, with market dominance reaching 65% for the first time since 2021. If the current trend persists, Bitcoin ETFs could become significant competitors to Gold ETFs.