IBIT currently owns over 700,000 BTC, worth around $75.5 billion at its current price. Since its launch in January 2024, IBIT has become the dominant US spot Bitcoin ETF. Bitbo data shows that it accounts for more than 55% of the total BTC held by all Spot Bitcoin ETFs in the US.
BlackRock’s Ishares Bitcoin Trust (IBIT) has more than 700,000 Bitcoin holdings, marking a significant milestone in the Spot Bitcoin Exchange Sales Fund.
According to blockchain data platform GlassNode, IBIT currently owns 700,000 BTC, valued at around $75.5 billion at its current price.
It reached an asset milestone on Monday following a net inflow of $164.6 million into the fund.
Better than other Bitcoin ETFs and corporate finance ministry
Since its launch in January 2024, IBIT has become the dominant US spot Bitcoin ETF.
Bitbo data shows that it accounts for more than 55% of the total BTC held by all Spot Bitcoin ETFs in the US.
The 18-month growth trajectory is ahead of other major funds in the category, including Fidelity’s FBTC, which holds around 203,000 BTC, and Grayscale’s GBTC, which holds around 184,000 BTC.
The ETF also overturns Michael Saylor’s strategy (MSTR), which began accumulating Bitcoin in 2020 and currently holds around 600,000 BTC.
The strategy is Bitcoin’s biggest corporate holder to date.
Since its inception, IBIT has provided a total return of 82.67%, according to fund performance data tracked by market analysts.
Revenues exceeding the flagship S&P 500 ETF
BlackRock’s Bitcoin ETF is currently one of the company’s top performance products.
IBIT has become the third-highest revenue-raising ETF in BlackRock’s portfolio, which consists of over 1,100 funds.
Currently, Asset Manager reports to track small US stocks by generating more revenue than the Ishares Core S&P 500 ETF (IVV), BlackRock’s flagship fund, and the ISHARES Russell 2000 ETF (IWM), which track US equity benchmarks.
“The new milestone, the iShares Bitcoin ETF, currently has over 700,000 BTC. 700,000. We did this in 18 months. It’s ridiculous,” writes Nate Geraci, president of the ETF store, to X.
Eric Bulknath, a senior analyst at Bloomberg ETF, also noted the importance of rising IBIT’s BlackRock rankings, highlighting the rapid emergence of the company’s ETF products as a foundational product.
IBIT’s rapid growth coincides with strong demand for Spot Bitcoin ETFs in the US market, which has attracted more than $500 billion in net inflows since its launch in January 2024.
These ETFs are considered the most successful ETF adoption in US financial history.
According to a study by Galaxy Digital, US Bitcoin ETFs and Strategic Purchase Activities consistently outperformed the new Bitcoin Net issue from miners.
In 2025 alone, these entities purchased $28.22 billion worth of Bitcoin compared to the $7.855 billion new Bitcoin generated by miners.
Galaxy noted that this supply-demand imbalance lasts every month except in February, except when the group recorded a total of $842 million in Net Bitcoin sales.
