BlackRock’s IBIT Becomes Fastest-Ever ETF to Top $70B

BlackRock’s IBIT ETF hit $70 billion in record time, cementing its lead as the largest institutional Bitcoin holder.

(Photo of Amjith S on Unsplash)

Posted June 10, 2025 at 10:06 am EST.

BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest exchange-traded fund to surpass $70 billion in assets under management, reaching the milestone in just 341 trading days since its launch in early 2024.

IBIT’s pace of asset growth is five times faster than that of the previous record holder, the SPDR Gold Shares ETF, which took 1,691 trading days to reach that level.

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IBIT’s holdings now stand at $71.9 billion, with 661,457 BTC, making it the biggest institutional holder of Bitcoin globally, exceeding the holdings of major crypto exchanges and other entities.

Consistent inflows into the world’s largest asset manager’s flagship bitcoin ETF puts it on pace to surpass the sum supposedly held by Bitcoin’s pseudonymous creator, Satoshi Nakamoto, by next year.

Posted in: Bitcoin