TLDR
- BlackRock’s IBIT holds over 700,000 BTC, equal to 3.6% of Bitcoin’s total supply.
- IBIT saw nearly $1B in inflows in one day, pushing total assets to $88B.
- Bitcoin ETFs in the U.S. now manage around $150B, with 90% from retail channels.
- Bloomberg projects Bitcoin ETFs will triple gold ETFs in size within 3–5 years.
BlackRock iShares Bitcoin Trust (IBIT) is on the verge of crossing a major milestone. The ETF, which holds Bitcoin directly, could reach $100 billion in assets under management (AUM) before the end of July. This comes after a rapid climb from $80 billion to $88 billion in less than a week, driven by strong inflows and a rise in Bitcoin’s price. Bloomberg ETF analyst Eric Balchunas made the prediction following nearly $1 billion in daily inflows last week.
BlackRock Bitcoin ETF Eyes $100B Milestone
BlackRock iShares Bitcoin Trust ETF (IBIT) is rapidly approaching the $100 billion assets under management (AUM) milestone, according to Bloomberg Senior ETF Analyst Eric Balchunas.
Following a record-breaking $1 billion inflow on July 11, IBIT’s AUM surged to $88 billion, driven by renewed investor enthusiasm and a fresh all-time high in Bitcoin’s price. Balchunas, who previously projected the $100 billion milestone for late summer, now expects IBIT to reach it by the end of July.
The ETF’s explosive growth reflects a broader uptick in institutional demand for Bitcoin exposure, especially following Bitcoin’s recent rally. IBIT has already broken multiple industry records, becoming the fastest-growing product in BlackRock’s history. Since its launch, it has accumulated over 700,000 BTC, accounting for approximately 3.6% of Bitcoin’s circulating supply.
I wrote last wk that $IBIT could hit $100b this summer, but hell, could be this month. Thx to recent flows + overnight rally it's already at $88b. At only 1.5yrs old is now 20th biggest in US, 7th biggest for BlackRock (and their #1 most profitable ETF). Un-freaking-believable. pic.twitter.com/r5FLwKSE7j
— Eric Balchunas (@EricBalchunas) July 14, 2025
The impressive pace of inflows underscores strong investor confidence in Bitcoin as a long-term asset class. If current momentum holds, IBIT is poised to make history as the first spot Bitcoin ETF to reach $100 billion in AUM, cementing BlackRock’s dominance in the digital asset space.
Record Inflows Push Blackrock IBIT Ahead of Schedule
The BlackRock Bitcoin ETF (IBIT) has emerged as a dominant institutional vehicle during Bitcoin’s latest bull cycle. Weekly inflows continue to rise, reflecting growing investor confidence in cryptocurrency-backed financial products. While altcoin ETFs—especially those tracking Ethereum are gaining attention, IBIT remains the clear leader due to its direct exposure to spot Bitcoin.
Bloomberg analysts highlight IBIT’s unparalleled growth rate, noting it surpasses any ETF or mutual fund in market history. Even amid short-term volatility in the broader crypto market, the fund has consistently attracted new capital. Its structure, offering regulated access to Bitcoin, makes it an attractive option for long-term portfolio diversification.
Bitcoin’s recent rally has significantly boosted the ETF’s assets under management, which are now approaching the $90 billion mark. With strong momentum and sustained daily inflows, IBIT appears poised to cross the $100 billion milestone. This underscores a broader institutional shift toward mainstream crypto adoption.
BTC ETFs To Triple Gold ETFs
Bitcoin ETFs are poised for explosive growth, with Bloomberg analysts projecting they could triple the size of gold ETFs within the next 3–5 years. Spearheaded by BlackRock’s Bitcoin ETF, the market is gaining momentum due to its strong value proposition and aggressive promotion by major financial institutions.
Consistent weekly inflows into spot Bitcoin ETFs demonstrate growing investor confidence, positioning Bitcoin as a leading digital asset in traditional finance portfolios.
Meanwhile, altcoin-based ETFs, particularly Ethereum, are also attracting significant attention. Ethereum ETFs recently recorded $900 million in inflows, marking their highest levels since inception.
This growing appetite for crypto-based investment products signals a broader acceptance and integration of digital assets within mainstream investment strategies.
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