BlackRock Bitcoin ETF Approaches 700,000 BTC Milestone, IBIT Share Jumps


BlackRock Bitcoin ETF (IBIT) is leading once again as net inflows into spot ETFs surged $588 million on Tuesday. BlackRock’s IBIT alone contributed $436 million in inflows, while swallowing a total of 4,134 Bitcoins, thereby taking its total Bitcoin holdings closer to 700,000. Besides, the IBIT share price also surged 2.5% on Tuesday, reclaiming the crucial $60 levels.

BlackRock Bitcoin ETF On Strong Buying Spree

BlackRock iShares Bitcoin Trust (IBIT) has been on an unstoppable Bitcoin buying spree, acquiring another 4,134 BTC worth $488 million. MicroStrategy’s Michael Saylor also believes that BlackRock’s IBIT will lead in BTC inflows in 2025.

BlackRock Bitcoin ETF holdings reach 700,000 BTC
Source: Thomas Fahrer

The iShares BlackRock Bitcoin ETF extends its remarkable streak, recording inflows for 11 consecutive trading days. During this period, the ETF has attracted $3 billion in new investments, underscoring strong and consistent investor interest. This comes despite the ongoing geopolitical tensions and the Iran-Israel conflict.

As per the official IBIT website, the total holdings with BlackRock’s IBIT currently stand at 685,584 BTC, with net assets under management of $72.3 billion. Apart from IBIT, other market players also contributed to net inflows on Tuesday. Fidelity’s FBTC came second at $85.2 million, while Ark Invest’s ARKB saw over $43 million in inflows. This Bitcoin investment product is gaining massive limelight as net inflows since inception cross $47.5 billion.

IBIT Crosses $14 Billion in Inflows

As of Tuesday’s closing, BlackRock Bitcoin ETF has crossed $14 billion in inflows since the beginning of 2025. It also moved to the 4th place on the year-to-date (YTD) flow leaderboard, overtaking the SPDR Portfolio S&P 500 ETF (SPLG).

Despite being operational for only 1.5 years, IBIT has achieved an impressive feat by ranking 5th in three-year flows, highlighting its rapid growth and sustained investor interest, said Bloomberg ETF strategist Eric Balchunas.

According to Nate Geraci, President of ETF Store, over 400,000 Bitcoins have been purchased by governments, corporations, and ETFs in 2025 alone. This figure represents approximately 2% of the total Bitcoin supply. As can be seen in the image below, BlackRock’s IBIT comes only after Strategy (MSTR).

BlackRock Bitcoin ETF Ranks Second to MicroStrategyBlackRock Bitcoin ETF Ranks Second to MicroStrategy
Source: Bitcoin Treasuries.Net

The Bitcoin price is also showing strength gaining ore than 1.5% and currently trading at $106,300 levels. However, the daily trading volume has dropped 27% to $47 billion as traders take a wait and watch approach.

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Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

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