According to sources, Gold ETF outperformed Bitcoin, which was highlighted by Peter Schiff in his latest comments. He pointed out that the VanEck Gold Miners ETF (GDX) has gained 61.3% so far this year, while Bitcoin has gone up by 28.06%.
This shows Schiff’s steady way of investing, where he prefers real, physical assets like gold and silver mining stocks instead of digital assets like cryptocurrencies.
In a post on X, Peter Schiff said his portfolio of gold mining stocks has grown a lot and suggested that many large Bitcoin holders, known as “whales,” might actually have less capital in Bitcoin than he has in traditional assets.
He compared the numbers, noting that Bitcoin is up 27% in 2025, while the GDX has increased by 61%. He finished his post by taking a dig at Bitcoin supporters, telling them to think twice about their choices.
What Does Peter Schiff’s Focus on Gold ETF Outperformance Signal?
Peter Schiff’s focus on Gold ETF Outperformance isn’t just about praising his own success. His investment in the VanEck Gold Miners ETF (GDX), which has gained 61.3% so far this year, reflects his strong belief that real assets do better than digital ones like Bitcoin.

Schiff has often said that Bitcoin has no real value and sees it as a risky asset driven more by hype than by real financial strength.
Schiff has explained in the past that gold is valuable because it’s used in industries, has a strong history, and is always in demand. In contrast, he says Bitcoin is just computer code and doesn’t create anything useful.
His support for GDX shows that he prefers gold mining stocks over holding physical gold, as these companies can generate income through their work in mining precious metals.

How Do Bitcoin Advocates Respond to Schiff’s Criticism?
Supporters of crypto believe that Schiff’s view doesn’t show the full picture. They agree that GDX’s performance is strong, but point out that Bitcoin’s 28.06% gain is still a big deal, particularly during a year of economic ups and downs.
Bitcoin fans often call it “digital gold” because it can be easily moved, divided into small parts, and is hard for anyone to block or control.
Still, Gold ETF Outperformance stands out as a strong piece of evidence. For Peter Schiff and his followers, it supports their belief in gold-related investments.
But for others, it’s seen as just a short-term trend in the ongoing and often unpredictable competition between traditional assets like gold and newer ones like Bitcoin.
Metrics | Details |
Gold ETF Performance | 61% year-to-date |
Bitcoin Performance | 27–28% |
GLD AUM | $101.9B |
U.S. Spot Bitcoin ETF AUM | $154 billion |
Net Flows (Gold ETFs) | +$8.3B |
Net Flows (Bitcoin ETFs) | +$14.9B |
Why Does Schiff Favour Mining Stocks Over Physical Gold?
Peter Schiff’s decision to invest in gold and silver mining stocks instead of holding physical gold is strategic. The Gold ETF Outperformance through GDX shows how these stocks can grow more when gold prices go up.
Schiff has said in past interviews that mining companies make profits, and their value grows when gold prices go up. This fits with his larger view of the economy, where he believes inflation will remain high and people will start trusting government-backed currencies less.
In his view, mining equities help to protect against inflation and also offer growth potential. On the other hand, he believes Bitcoin hasn’t yet shown it can hold up well during long-term economic challenges.
Is This Just a Debate of Preference or a Deeper Economic Divide?
The Gold ETF Outperformance discussion highlights a bigger difference in how people view investing. Schiff describes gold as a trusted asset that has been used for centuries and has real-world uses.

In contrast, he sees Bitcoin as a risky investment that depends mostly on popularity and investor interest, not on solid, real-world value.
Analysts observe that Schiff’s view matches the thinking of traditional economists, who often prefer physical assets that have a long history of reliability.
His criticism is not just about the numbers; it’s about what those numbers represent. He’s raising a bigger question about how people choose to store wealth, handle risk, and think about the future of money.
Conclusion
Based on the latest research, Gold ETF Outperformance supports Peter Schiff’s long-standing investment views in 2025. Even though Bitcoin has become more popular with big financial institutions, Schiff continues to argue that real, income-producing assets like the VanEck Gold Miners ETF, offer more stable and lasting returns.
The 61.3% return from GDX, compared to Bitcoin’s 28.06% gain this year, is more than just a performance difference. It reflects two different views on investing, one rooted in long-standing history and physical assets, the other in a newer, digital system.
Peter Schiff’s bold remark that he has more invested in gold and silver mining stocks than many major Bitcoin holders is meant to challenge today’s investors to think again about the basics of value, risk, and smart financial planning.
Whether someone agrees with Schiff or not, the Gold ETF Outperformance debate raises an important question for investors: during uncertain times, is it better to trust digital assets or stick with physical commodities?
Summary
Peter Schiff praised Gold ETF outperformance in 2025, pointing out that the VanEck Gold Miners ETF (GDX) rose 61.3%, while Bitcoin only gained 28.06%. He argued that gold and silver mining stocks are more reliable than cryptocurrencies, which he sees as hype-driven. Schiff believes gold offers real value, income, and protection against inflation. While Bitcoin supporters call it “digital gold,” Schiff stands by physical assets. The debate reflects two different investment beliefs: one traditional, the other digital.
For additional insights, check out our Bitcoin price prediction, can it challenge Peter Schiff’s beliefs or stay off his radar?
FAQs
1. How much did GDX go up in 2025?
It gained 61.3%.
2. How much did Bitcoin rise in 2025?
It went up by 28.06%.
3. What does Peter Schiff prefer?
He prefers gold and mining stocks.
4. What does Schiff think about Bitcoin?
He says it has no real value and is hype-driven.
5. What comparison did Schiff make?
He said gold ETFs gained more than Bitcoin.
6. Why do people support Bitcoin?
Because it’s easy to move, split, and control-free.
Glossary
Gold ETF – A fund that lets you invest in gold performance without owning gold.
GDX – A stock bundle focused on companies that dig and deal in gold.
Mining Stocks – Company shares linked to gold production and discovery.
Peter Schiff – A market critic of crypto who strongly supports gold-based assets.
Hard Assets – Physical valuables like gold that hold real-world worth.