Bitprismia

BlackRock’s iShares Bitcoin ETF Achieves Unprecedented 700K BTC Holdings Milestone

2025-07-08 19:43:30

Main Idea

BlackRock's iShares Bitcoin Trust (IBIT) ETF has surpassed 700,000 BTC in holdings, becoming a significant player in the Bitcoin market and nearing the holdings of Bitcoin creator Satoshi Nakamoto.

Key Points

1. BlackRock's spot Bitcoin ETF (IBIT) has accumulated over 700,000 BTC, marking a major milestone.

2. IBIT's holdings represent over 3% of Bitcoin's total capped supply of 21 million.

3. The ETF has become the most actively traded spot Bitcoin ETF since its launch.

4. BlackRock's IBIT now holds more Bitcoin than MicroStrategy, which has nearly 600,000 BTC.

5. The U.S. spot Bitcoin ETFs collectively have reached $50 billion in cumulative inflows, with IBIT leading the way.

Description

BlackRock’s spot Bitcoin exchange-traded fund (ETF) has surpassed 700,000 BTC in assets under management just a year and a half after its debut in January 2024 as more investors seek exposure to the world’s largest and oldest cryptocurrency. IBIT Hits New Milestone The iShares Bitcoin Trust (IBIT) ETF had already accumulated 698,919 BTC as of July 3, according to the fund’s page. IBIT’s 1,510 BTC in net inflows on July 7 was enough to tip it over the 700,000 BTC milestone after the Independence ...

>> go to origin page
📱 Full Version
$BTC
$108825.8
+0.04%