BlackRock’s Bitcoin ETF Hits $91B, Widens Lead

BlackRock’s spot #Bitcoin ETF, IBIT, has reached a record $91.06B in assets, holding 3.72% of all $BTC and maintaining a strong market lead.

Since its January 2024 launch, IBIT has drawn $58.04B in net inflows, far surpassing competitors like Fidelity’s FBTC ($24.77B) and Grayscale’s GBTC ($22.18B). With nearly 4x the assets of its closest rival, IBIT remains the top choice for regulated Bitcoin exposure.