BlackRock’s Bitcoin ETF hits $91B AUM despite BTC pullback – Details

Key Points

1. BlackRock’s IBIT holds $91.06 billion in AUM, with net inflows totaling $58.04 billion as of August 13.

2. IBIT now holds 3.72% of all circulating Bitcoin, reinforcing its position as the leading spot Bitcoin ETF.

3. Fidelity’s FBTC ranks second with $24.77 billion in AUM, while Grayscale’s GBTC has seen $23.72 billion in outflows since transitioning to an ETF.

4. Bitcoin’s recent price drop from near $124,000 to below $119,000 led to over $1 billion in crypto liquidations.

5. U.S. spot Ethereum ETFs, led by BlackRock’s iShares Ethereum Trust (ETHA), saw a record $1.019 billion in net inflows on August 11.