Within just 18 months of launch, BlackRock Bitcoin ETF inflows have reached closer to $50 billion, showing strong institutional demand for the product.
BlackRock's Bitcoin ETF (IBIT) continues to garner immense interest, with fresh inflows of 3,005 BTC, valued at $336 million, reported yesterday. This purchase pushes IBIT's total BTC holdings to an astounding 662,571, and its assets under management to $72.7 billion.
It's worth noting that IBIT reached the $70 billion AUM mark in just 341 trading days, making it the fastest ETF to hit this milestone, besting even the renowned Gold ETF (GLD), which took 1,691 days to achieve the same feat. For perspective, the S&P 500 ETF (VOO) hit the same AUM after 1,701 days.
Within 18 months of launch, BlackRock's Bitcoin ETF inflows have reached a staggering $50 billion, showcasing the strong institutional demand for the product. Since its inception, the IBIT share price has skyrocketed, delivering a 150% return to investors and currently stands at $62 per stock.
As IBIT's share price touched an all-time high, it has catapulted into the top five U.S. ETF launches for the year 2025.
Moreover, U.S. spot Bitcoin ETFs, led by BlackRock's offering, are on the verge of hitting another milestone—$1 trillion in total trading volume. Having surged from $100 billion in March to nearly $1 trillion today, these ETFs now boast trading activity comparable to major funds like the S&P 500 ETF (VOO) and the Nasdaq 100 ETF (QQQ).
This marks a significant shift in the institutional landscape, with Wall Street's interest in Bitcoin reaching new heights.
This development comes as the Bitcoin price shows signs of a potential rally to $125,000 in the short term, following a recent surge that pushed it past the $110,000 mark amid speculation about M2 supply.
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