BlackRock’s iShares Bitcoin Trust Nears $100 Billion Asset Milestone Amid Strong Retail Demand
2025-07-14 16:30:35
Main Idea
BlackRock’s iShares Bitcoin Trust (IBIT) is nearing $100 billion in assets, driven by strong institutional and retail demand, marking a historic milestone in the growth of crypto ETFs.
Key Points
1. IBIT has grown to approximately $88 billion in assets under management (AUM) in just 18 months, becoming BlackRock’s most profitable ETF to date.
2. Retail investors account for roughly 90% of the $150 billion held in U.S. Bitcoin ETFs, significantly contributing to IBIT’s growth.
3. IBIT holds more than 3.6% of Bitcoin’s total circulating supply and is the 20th largest ETF in the U.S., highlighting its market impact.
4. The fund’s success sets a new benchmark for crypto ETFs, encouraging other asset managers to explore similar offerings.
5. IBIT’s rapid growth underscores the growing acceptance of Bitcoin as an institutional-grade asset.
Description
BlackRock’s iShares Bitcoin Trust (IBIT) is rapidly approaching a landmark $100 billion in assets, driven by strong inflows and a bullish Bitcoin market. IBIT’s impressive growth has positioned it as
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