- IBIT now holds over 700,000 BTC, valued at roughly $75.5 billion at present costs.
- Since launching in January 2024, IBIT has change into the dominant US spot Bitcoin ETF.
- It now accounts for over 55% of complete BTC held throughout all US spot Bitcoin ETFs, based on knowledge from Bitbo.
BlackRock’s iShares Bitcoin Belief (IBIT) has surpassed 700,000 Bitcoin in holdings, marking a major milestone for the spot Bitcoin exchange-traded fund.
In response to blockchain knowledge platform Glassnode, IBIT now holds 700,000 BTC, valued at roughly $75.5 billion at present costs.
The asset milestone was reached following a $164.6 million web influx into the fund on Monday.
Outpaces different Bitcoin ETFs and company treasuries
Since launching in January 2024, IBIT has change into the dominant US spot Bitcoin ETF.
It now accounts for over 55% of complete BTC held throughout all US spot Bitcoin ETFs, based on knowledge from Bitbo.
Its 18-month development trajectory locations it forward of different main funds within the class, together with Constancy’s FBTC, which holds round 203,000 BTC, and Grayscale’s GBTC, which holds roughly 184,000 BTC.
The ETF has additionally eclipsed the holdings of Michael Saylor’s Technique (MSTR), which started accumulating Bitcoin in 2020 and at present holds round 600,000 BTC.
Technique is the most important company holder of Bitcoin thus far.
Since its inception, IBIT has delivered a complete return of 82.67%, based on fund efficiency knowledge tracked by market analysts.
Income surpassing flagship S&P 500 ETF
BlackRock’s Bitcoin ETF is now one of many agency’s top-performing merchandise.
IBIT has change into the third-highest revenue-generating ETF throughout BlackRock’s portfolio, which includes over 1,100 funds.
It now reportedly generates extra income for the asset supervisor than the iShares Core S&P 500 ETF (IVV), BlackRock’s flagship fund monitoring the US fairness benchmark, and the iShares Russell 2000 ETF (IWM), which tracks small-cap US shares.
“New milestone, iShares Bitcoin ETF now holds over 700,000 BTC. 700,000. Did this in 18 months. Ridiculous,” Nate Geraci, president of The ETF Retailer, wrote on X.
Senior Bloomberg ETF analyst Eric Balchunas additionally famous the importance of IBIT’s rise in BlackRock’s rankings, underscoring its fast emergence as a cornerstone product within the agency’s ETF choices.
IBIT’s fast development coincides with robust demand for spot Bitcoin ETFs within the US market, which collectively have attracted over $50 billion in web inflows since launching in January 2024.
These ETFs are thought of essentially the most profitable ETF introductions in US monetary historical past.
In response to analysis from Galaxy Digital, the mixed shopping for exercise of US Bitcoin ETFs and Technique has persistently outpaced Bitcoin’s web new issuance from miners.
In 2025 alone, these entities have bought $28.22 billion price of Bitcoin, in comparison with $7.85 billion in new Bitcoin generated by miners.
Galaxy famous that this demand-supply imbalance has endured each month besides February, when the group recorded web Bitcoin gross sales totaling $842 million.
