Key Takeaway
BlackRock’s iShares Bitcoin Belief (IBIT) cements its dominance within the U.S. spot Bitcoin ETF race, reaching an unprecedented $91.06 billion in property underneath administration.
BlackRock’s iShares Bitcoin Belief (IBIT) has achieved a file milestone within the U.S. spot Bitcoin [BTC] ETF market, amassing $91.06 billion in property underneath administration (AUM).
Regardless of Bitcoin’s latest pullback from file highs, the fund’s complete internet inflows have soared to $58.04 billion as of the thirteenth of August, underscoring sturdy investor confidence.
BlackRock’s Bitcoin ETF hits file excessive
Regardless of no recent inflows on the thirteenth of August, IBIT closed at $69.84 per share, 0.57% above its internet asset worth, reflecting continued market demand.
The iShares Bitcoin Belief now holds 3.72% of all circulating Bitcoin, reinforcing its standing because the main spot Bitcoin ETF.
At press time, IBIT reported 54.82 million excellent shares, valued at a mixed $3.79 billion.
Since its January 2024 launch, IBIT has seen explosive development, attracting each institutional giants and retail buyers.
It broke the U.S. ETF launch file with over $5 billion in internet inflows throughout its first month, and by mid-July 2025, cumulative inflows had exceeded $80 billion.
Different Bitcoin ETFs’ standing
Constancy’s FBTC ranks second, managing $24.77 billion in property and attracting $12.07 billion in internet inflows.
Grayscale’s GBTC follows with $22.18 billion in property however has skilled $23.72 billion in outflows since transitioning to an ETF.
In the meantime, Ark Make investments’s ARKB and Bitwise’s BITB maintain smaller market shares, with $5.58 billion and $5.02 billion in property, respectively.
Elements concerned
That being stated, the latest turbulence in Bitcoin’s value underscores the market’s sensitivity to macroeconomic shifts, with the most recent pullback pushed by hotter-than-expected U.S. PPI data.
Bitcoin’s sharp drop from close to $124,000 to below $119,000 not solely erased over $930 million in leveraged BTC positions, but in addition triggered greater than $1 billion in total crypto liquidations, at press time.
Nonetheless, as Bitcoin was dropping, Ethereum [ETH] seized the highlight on Wall Avenue, with U.S. spot ETH ETFs raking in a record-breaking $1.019 billion in internet inflows on the eleventh of August, surpassing even their Bitcoin-focused rivals.
Even right here, BlackRock’s iShares Ethereum Belief (ETHA) led the cost and surpassed $10 billion in cumulative internet inflows, doubling its earlier $5 billion tally in simply three months.
It now holds over 3.3 million ETH, highlighting a rising investor urge for food for the second-largest cryptocurrency.
