Finance

BlackRock's Bitcoin ETF Soars to $70 Billion in Record Time!

2025-06-10

Author: Amelia

Unprecedented Milestone for BlackRock's Bitcoin Fund

In a remarkable achievement, BlackRock’s Bitcoin ETF, known as IBIT, has shattered records by surpassing $70 billion in assets under management (AUM) in just 341 days. This groundbreaking feat makes IBIT the quickest ETF to reach this monumental value, showcasing an unparalleled level of market confidence in crypto investments.

Bitcoin Dominance: IBIT's Massive Holdings

With over 661,000 BTC tucked away in its portfolio, BlackRock's IBIT now reigns as the largest institutional holder of Bitcoin worldwide. This stack not only solidifies its position in the market but also sets a new benchmark for institutional involvement in cryptocurrency.

Experts Weigh In on IBIT's Rapid Growth

Market analyst Eric Balchunas highlighted this incredible growth, stating on X (formerly Twitter), "IBIT just blew through $70B and is now the fastest ETF to ever hit that mark in only 341 days!" He went on to emphasize that IBIT outpaced the previous record-holder, SPDR Gold Shares (GLD), accomplishing this milestone almost five times faster.

Stellar Inflows and Strategic Moves

Since its 2024 launch, IBIT has pulled in more than $9 billion in inflows in just 2025, landing it firmly among the top five U.S. ETFs. Notably, BlackRock has also recently acquired 2,704 Bitcoins, valued at an impressive $283.9 million, along with 28,239 Ethereum tokens worth around $73.2 million.

Institutions Embrace IBIT

The growing popularity of IBIT is mirrored by the increasing number of institutional players showing interest. The Moscow Stock Exchange has even listed Bitcoin Futures linked to IBIT, while JPMorgan plans to launch ETF-backed loans starting with BlackRock’s flagship fund. This shift marks a significant uptick in confidence towards Bitcoin-focused investment products.

Aiming Higher: IBIT's Future Outlook

Currently valued at approximately $71.9 billion, IBIT is on a trajectory that could see it eclipse even the estimated Bitcoin holdings of Satoshi Nakamoto by next summer, according to Bloomberg's Eric Balchunas. As IBIT shares hover around $62 and Bitcoin approaches the $110,000 mark, the ETF is poised to continue its dominance, having garnered nearly $49 billion in net inflows since its inception.

IBIT: The New King of Bitcoin ETFs

With its astonishing growth and unprecedented market influence, IBIT is rapidly establishing itself as the most significant player in spot Bitcoin ETFs in the U.S. market, reshaping the landscape of cryptocurrency investments.