Highlights
BlackRock’s iShares Bitcoin ETF (IBIT) has stormed the market with net inflows crossing $52 billion, and assets under management shooting past $72 billion. IBIT has been a blockbuster product for BlackRock, with its annual fee revenue surpassing the BlackRock iShares Core S&P 500 ETF (IVV). With its year-to-date inflows crossing $14 billion, IBIT is already among the top five ETFs launched in 2025.
BlackRock’s iShares Bitcoin ETF (IBIT) has outpaced the firm’s largest ETF, the iShares Core S&P 500 ETF (IVV), in annual fee revenue. According to ETF Store President Nate Geraci, IBIT now generates $186 million in annual revenue compared to IVV’s $183 million.
BlackRock’s IBIT, with nearly $75 billion in assets under management (AUM), and 700000 BTC in its kitty, at a 25-basis-point fee, has achieved this feat within just 18 months of its launch. In contrast, the S&P 500 ETF, which boasts $609 billion in AUM, charges a significantly lower fee of 3 basis points.
On June 27, the net inflows across all US issuers in BTC ETFs stood at a massive $501 billion. However, Fidelity’s FBTC topped the leaderboard with $165 million in inflows, followed by BlackRock’s IBIT at $153 million, and Ark Invest’s ARKB at $150.3 million.
The net weekly inflows across all US ETF issuers have crossed $2.2 billion, as per data from Farside Investors. Inflows into Spot BTC ETFs have remained strong throughout this month of June, marking it one of the best-performing months since inception, with 14 days of consecutive inflows.
As per the recent S&P Global report, there’s a strong demand for Bitcoin ETFs, along with other crypto ETFs currently in the market. Additionally, experts like Nate Geraci believe that a crypto ETF summer is around the corner, with higher chances of approval for the XRP ETF and the Solana ETF.
This week, BlackRock has taken in $112.3 million through its Bitcoin ETF. The asset manager recorded a net inflow of $112.3 million on June 30, while it recorded zero net flows on July 1, according to Farside Investors data.
Despite these massive inflows, Bitcoin price is currently consolidating at $107,500 with bulls and bears currently at a crossroads, as the deadline for the 90-day Trump tariff pause approaches soon.
However, the inflows into BTC ETFs suggest that institutional players remain confident about a possible Bitcoin rally in the making. Popular crypto trader Arthur Hayes stated that Bitcoin’s all-time high is coming soon, citing reasons like US Treasury SLR exemption, GENIUS Stablecoin Act, and reducing geopolitical tensions.
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