TL;DR
- BlackRock’s spot Bitcoin ETF, IBIT, has exceeded 800,000 BTC under management, marking a remarkable achievement less than two years after its launch.
- The fund has now surpassed $100 billion in assets thanks to over $4 billion in fresh inflows across seven consecutive days.
- This rapid expansion reinforces Bitcoin’s growing acceptance among institutional investors and strengthens its position as a modern alternative to traditional financial assets.
BlackRock’s iShares Bitcoin Trust (IBIT) continues to lead the digital asset market, surpassing 800,000 BTC under management, roughly 3.8% of Bitcoin’s total circulating supply. This milestone positions BlackRock far ahead of corporate treasuries such as MicroStrategy, whose Bitcoin reserves stand at around 640,000 BTC. The surge also highlights sustained institutional demand and a growing appetite for exposure to Bitcoin through regulated financial instruments.
The ETF’s consistent inflow streak, which brought in over $4 billion in just one week, has pushed IBIT beyond $97 billion in assets. According to data compiled, U.S. spot Bitcoin ETFs collectively attracted nearly $5.7 billion over the same period, signaling renewed confidence following political and macroeconomic clarity in major markets.
Institutional Demand Reshapes Bitcoin’s Role
Bloomberg analyst Eric Balchunas noted that IBIT led all ETFs in weekly inflows with $3.5 billion, accounting for 10% of all U.S. ETF flows. He pointed out that even older spot Bitcoin ETFs, such as Grayscale’s GBTC, registered positive inflows, a rare sign of synchronized investor optimism across the entire sector. Analysts attribute this to improving global liquidity conditions, corporate balance sheet diversification, and growing belief in Bitcoin’s role as a reserve-grade asset.
The rally in Bitcoin ETF inflows also reflects a broader shift in sentiment since pro-crypto leadership took office in the U.S. last November. On Monday alone, spot Bitcoin ETFs recorded their largest single-day inflow since that election, exceeding $1.2 billion.
Bitcoin’s Price Surge Strengthens The Trend
Bitcoin’s market price, now hovering around $121,500, has risen roughly 76% since March 2024, when BlackRock CEO Larry Fink described IBIT as “the fastest-growing ETF in history.” The combination of surging price performance and deepening institutional participation is fueling speculation that Bitcoin could soon reach new all-time highs.
With global investors increasingly seeking alternatives to traditional financial hedges, BlackRock’s dominance in the ETF space underlines how Bitcoin has evolved from a speculative asset into a cornerstone of institutional portfolios. The momentum behind IBIT suggests that digital assets are no longer a fringe play but a permanent fixture in modern finance.
