BlackRock's Bitcoin ETF sets a record, with holdings exceeding $86 billion.
The world's largest asset management company, BlackRock, manages over $11.6 trillion in assets and currently controls over 735,000 bitcoins (BTC), valued at approximately $86.37 billion. According to Arkham Intelligence data, BlackRock's iShares Bitcoin ETF (IBIT) wallets have been receiving stable transfers, recording several on-chain transactions of 300 bitcoins each worth $37 million in the past few days via Coinbase Prime.
Source: Arkham Intelligence BlackRock manages over $11.6 trillion in assets and currently controls over 735,000 bitcoins worth approximately $86 billion.
This symbolizes the significant growth of BlackRock's holdings. In March of this year, BlackRock held 567,000 bitcoins worth $73.28 billion. The current holdings officially surpass Strategy, which holds about 628,946 bitcoins valued at $54.93 billion, making BlackRock the largest holder of bitcoin in the world.
IBIT management assets hit an all-time high, solidifying ETF market leadership.
BlackRock's Bitcoin ETF (IBIT) has reached a record $91.06 billion in assets under management, setting a new benchmark for U.S. spot Bitcoin ETFs. According to SoSoValue data, as of August 15, IBIT has accumulated net inflows of $58.67 billion. The fund currently holds 3.69% of the overall Bitcoin supply (the chart below has not been updated), solidifying its market leadership.
Source: SoSoValue IBIT accumulated net inflows of $58.67 billion. The fund currently holds 3.69% of the overall Bitcoin supply.
Since its launch in January 2024, IBIT has achieved some of the largest inflow milestones. In its first month, it gained over $5 billion in net inflows, surpassing any other U.S. ETF launched that month. By mid-July 2025, BlackRock's IBIT accumulated net inflows reached $80 billion, confirming its leading position over competitors.
In addition to the Bitcoin ETF, BlackRock's Ethereum ETF is also growing, with several wallets associated with its ETHA Ethereum ETF receiving 5,900 ETH and multiple deposits of 10,000 ETH in just two days. The total value of these Ethereum transfers exceeds $121 million, and BlackRock's total Ethereum amount currently exceeds $15 billion.
Bitcoin market volatility, inflation data triggers a pullback.
The performance of Bitcoin in the market has played a key role in driving BlackRock's Bitcoin ETF and other ETFs to new valuation highs. On Wednesday, the cryptocurrency surged to nearly $124,000, a new all-time high, primarily driven by optimism surrounding a potential 25 basis point rate cut in the U.S., leading traders to heavily bet on monetary easing.
However, following the release of U.S. July Producer Price Index (PPI) data, the situation changed dramatically. Bitcoin fell below the previous high of $118,000 as traders reacted to the latest inflation data, which was higher than expected. This sell-off liquidated over $930 million in leveraged positions and caused over $1 billion in cryptocurrency liquidations within 24 hours. As of the time of writing, the Bitcoin price is $116,502, down 2.8% over the past 7 days.
Source: CoinGecko Bitcoin price is $116,502, down 2.8% over the past 7 days.
Further reading
U.S. July PPI far exceeds expectations! Bitcoin plummets to nearly $117,000 overnight, with over $1 billion in liquidations across the network.
The ETF has successfully created history, with institutional funds continuously pouring in.
Bitcoin exchange-traded funds continue to be one of the most successful ETF launches in history. Since approval in 2024, it has attracted tens of billions of dollars in trading volume, with BlackRock injecting more liquidity. Besides BlackRock's Bitcoin ETF, other U.S. Bitcoin ETFs have also recorded substantial total assets.
Source: Farside Investors Bitcoin ETF capital inflow and outflow status.
Fidelity's FBTC ranks second with $24.77 billion in assets and $12.07 billion in cumulative net inflows, while Grayscale's GBTC, despite accumulating outflows of $23.8 billion, still holds $22.18 billion, ranking third.
Ark Invest's ARKB manages $5.58 billion, while Bitwise's BITB holds $5.02 billion. BlackRock's leading advantage remains significant, with IBIT's asset base nearly four times that of its closest competitor. This steady inflow confirms that BlackRock's Bitcoin ETF is a popular tool for investors, utilized by both institutional and retail participants to gain regulated exposure to Bitcoin.
'Asset management giants are aggressively accumulating Bitcoin, with BlackRock surpassing Strategy with a total of 375,000 bitcoins.' This article was first published in 'Crypto City.'
