BlackRock’s iShares Bitcoin Trust (IBIT) is approaching $100 billion in net assets, fueled by relentless institutional inflows and accelerated Bitcoin accumulation. The landmark figure underscores IBIT’s dominant position in the cryptocurrency ETF landscape as institutional adoption intensifies.
The fund has generated $186 million in annual revenue, eclipsing earnings from BlackRock’s flagship S&P 500 ETF. Holdings now comprise roughly 717,388 BTC valued above $83 billion, with BlackRock securing approximately 40,000 new Bitcoin monthly through sustained investment flows.
Senior Bloomberg ETF analyst Eric Balchunas projects BlackRock’s reserves could exceed Satoshi Nakamoto’s estimated 1.1 million BTC holdings by May 2026. Concurrently, the asset manager is diversifying its digital asset portfolio with over 50,000 ETH ($150 million) acquired to date.