PANews May 11 news, according to The Block report, BlackRock's spot Bitcoin ETF IBIT has seen net inflows for 20 consecutive days, the longest streak of inflows for a spot Bitcoin ETF in 2025, attracting over $5 billion in funds during this period. With the rise in Bitcoin prices, the net asset value held by U.S. spot Bitcoin funds has exceeded $121 billion, reaching the highest level since January of this year.
Goldman Sachs is currently the largest known holder of IBIT in the world. Goldman Sachs holds 30.8 million shares of IBIT stock, valued at approximately $1.4 billion, an increase of 28% from the beginning of the first quarter of 2025. The company also holds 3.5 million shares of FBTC, which is the second largest spot Bitcoin ETF in the market by assets under management, valued at approximately $315 million. Filing documents show that the company increased its holdings by about 30,000 shares in the first quarter of 2025.
