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BlackRock’s Bitcoin ETF crosses 700,000 BTC, surpasses $75B in assets

  • BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed 700,000 BTC in holdings, valued at approximately $75.5 billion at current prices.
  • IBIT has become the dominant US spot Bitcoin ETF, accounting for over 55% of total BTC held across all US spot Bitcoin ETFs.
  • IBIT has outpaced other leading funds like Fidelity’s FBTC and Grayscale’s GBTC, as well as Michael Saylor’s Strategy, making it the largest corporate holder of Bitcoin.
  • IBIT is now one of BlackRock's top-performing products, generating significant revenue and outperforming flagship ETFs like the iShares Core S&P 500 ETF.

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