Blackrocks Bitcoin-ETF tops 70 billion dollars and exceeds Gold-ETF by five times
- Blackrocks Ibit is the first ETF to reach $ 70 billion in less than a year.
- The growth of IBIT exceeds the SPDR Gold ETF in a ratio of 5: 1 and signals an increasing institutional demand for Bitcoin engagements.
Blackrocks Ishares Bitcoin Trust (IBIT) exceeded an administrative assets of $ 70 billion in just 341 days. This makes it the fastest stock market -traded fund that has reached the 70 billion mark. GLD needed 1,691 days – more than 4.5 years – to achieve this level.
Sea Eric BalchunasSenior ETF Analyst at Bloomberg, IBIT reached this milestone 5x faster than GLD. The ETF was launched in January 2024 and has since recorded strong inflows of both private investors and institutional investors.
Bitcoin inflows drive ETF increase
In the past few weeks, IBIT has taken another $ 2.5 billion in Bitcoin, which increases its stock to around 3.3 % of the total Bitcoin offer. Blackrock is one of Bitcoin’s top owners through custody accounts, although they do not have the cryptocurrency directly. The Bitcoin is kept in the name of customers, in accordance with the custody structure of the ETF.
The Bitcoin market reacted positively to that Growth of Ibitand the price crossed the $ 110,000 mark. According to Arkham Intelligence, IBIT already checked 2.8 % of the total Bitcoin offer in April.
In May 2025, the stock market -traded fund recorded net inflows of $ 5.91 billion and thus the largest month since March of the same year. This dynamic continued in a 34-day series of tributaries, which shows that investors’ interest is ongoing.
The competing Spot-Bitcoin ETF from Fidelity has a fortune of around $ 31 billion and is therefore in second place. The ETF from Blackrock has more than triple it. The attractiveness of the product is due to the institutional brand of Blackrock and the mood change, since more investors want a regulated bitcoin engagement.
Institutional movements and market signals
The market activity shows long -term trust in Bitcoin. Whale Alert, a blockchain tracking service, recorded two major transfers from the US crypto exchange to unknown wallets. 875 BTC and 997 BTC worth almost $ 200 million were transferred.
— Whale Alert (@whale_alert) June 9, 2025
This type of transactions is related to the relocation of assets to the cold storage, a strategy that is used for long -term and is not used for retail. This is typical of growing trust in Bitcoin as a reserve currency.
Analysts say that institutional and private investors treat Bitcoin such as digital gold. The fact that Blackrock’s Ibit accumulates BTC so quickly underpins this view, since traditional financial institutions are more involved in the crypto sector.
Bitcoin continues to act with an interest bully undertone, although analysts determine stubborn resistance just below the all -time high at $ 112,000. As described in our latest analysis, the cryptocurrency reached $ 110,561.42 and thus recorded the strongest performance this month.
Bitcoin has increased 3.3 % in the last 24 hours and 5.21 % in the last 30 days. Technical analysts emphasize a “buy the dip” strategy because short-term setbacks are seen as entry points in a general upward trend.
ETF chart and gold comparison
The comparison between IBIT and SPDR Gold Shares illustrates a shift in the investor preference. While GLD has a fortune of around $ 100 billion, it took over 4.5 years to reach $ 70 billion. Ibit, on the other hand, has reached this brand in less than a year.
SPDR Gold Shares was launched in 2004 to enable investors to engage in gold without having to be physically. It is still the world’s largest physically undermined gold ETF. Despite the continuing importance of gold, the recent economic uncertainty has caused some investors to diversify in digital assets.
Eric Balchunas emphasized that Ibit’s pace of growth is unsurpassed. His increase indicates that many investors Bitcoin are now regarded as an important hedging system that is comparable – or even preferable -.
Robert Mitchnick, head of the Department of Digital Properties at Blackrock, told opposite Bloomberg ETF IQthat the interest of asset advisors and institutions is growing. He said that the commitment is increasing, but the sector is still in its infancy. Mitnicche expects institutional acceptance to increase, since trust in digital assets is growing through regulated products such as IBIT.
Since Wall Street ETFs such as the IBIT from Blackrock keep significant Bitcoin reserves, the asset increasingly moves with the mood on the stock markets.
No Comments