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BlackRock’s Bitcoin ETF Nears 700,000 BTC Milestone as IBIT Shares Surge
BlackRock’s Bitcoin ETF, known as IBIT, is experiencing an unprecedented surge. On Tuesday, it recorded a net inflow of $436 million, acquiring 4,134 new BTC. This brought the fund’s total Bitcoin holdings close to the symbolic 700,000 BTC mark. Meanwhile, IBIT shares climbed 2.5%, returning to the key level of $60.
🔹 IBIT's Buying Spree Shows No Signs of Slowing The BlackRock iShares Bitcoin Trust continues to attract strong investor interest — with net inflows for the 11th consecutive trading day, totaling over $3 billion during this period. This trend persists despite ongoing geopolitical tensions, including the Middle East crisis. On Tuesday alone, IBIT added 4,134 BTC worth $488 million. The fund now holds 685,584 BTC with total assets under management exceeding $72.3 billion. Other spot ETFs also saw gains, with Fidelity’s FBTC adding $85.2 million and ARKB from Ark Invest recording $43 million in inflows. Since launch, spot Bitcoin ETFs have attracted over $47.5 billion in cumulative net inflows.
🔹 BlackRock Ranks Among Top ETF Performers Year-to-date inflows into BlackRock’s IBIT have surpassed $14 billion, pushing the fund to 4th place in terms of 2025 ETF inflows — overtaking SPLG (SPDR Portfolio S&P 500 ETF). According to Bloomberg ETF strategist Eric Balchunas, IBIT even ranks 5th among all ETFs in three-year inflow comparisons, despite being less than two years old — a testament to its rapid growth.
🔹 Institutions Are Grabbing Bitcoin Nate Geraci, president of ETF Store, highlighted that over 400,000 BTC have been purchased in 2025 alone by governments, corporations, and ETFs. This accounts for about 2% of the total Bitcoin supply, with BlackRock’s IBIT trailing only MicroStrategy (MSTR) in overall holdings.
🔹 Bitcoin Price Gaining Strength Bitcoin itself has gained more than 1.5%, currently trading around $106,300. However, daily trading volume fell 27% to $47 billion as traders appear to be adopting a wait-and-see approach.
#blackRock , #IBIT , #BitcoinETF , #CryptoInvesting , #CryptoNewss
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