IBIT Sets Record for Fund Inflows, Goldman Sachs Becomes the Largest Holder!
iShares Bitcoin Trust (IBIT), the Bitcoin (BTC) ETF owned by financial giant BlackRock, has made history with 20 consecutive days of recording fund inflows. During this period, a total of fresh funds collected reached approximately US$5.1 billion, according to data from SoSoValue.
This phenomenon has also driven a surge in the total net assets of all spot Bitcoin ETFs in the United States, which have now surpassed US$121 billion — the highest since January 2024.
Interestingly, the surge in funds to IBIT coincided with a surprising move by Goldman Sachs, which is now recorded as the largest institutional holder of IBIT. The global financial firm increased its ownership to 30.8 million shares, valued at approximately US$1.4 billion — up 28% from the previous quarter's position of only 24.1 million shares.
The involvement of large institutions like Goldman Sachs is a strong signal of increasing confidence on Wall Street in crypto assets, particularly Bitcoin. With a consistent influx trend and support from major names, the IBIT ETF is predicted to continue being a major magnet for institutional investors.