The so-called IBIT, the BlackRock ETF, is setting a new record, thanks to an increase in holdings by Goldman Sachs. The Exchange Traded Fund in question is recording a streak of 20 consecutive days with net inflows, marking a new record. This far surpasses the inflows of any other spot Bitcoin ETF available in the market to date.
During the 20 consecutive days of positive streak, the fund has raised 5.1 billion dollars in operations, surpassing any other spot Bitcoin ETF.
According to data published on the SoSoValue website, the recent surge in the price of BTC has led to spot Bitcoin ETFs in the United States accumulating more than 121 billion dollars. This information coincides with that released by MacroScope, which also points to Goldman Sachs as the main holder of shares in the IBIT ETF.
Goldman Sachs accelerates its bet on Bitcoin ETFs in a context of institutional change and dominance of IBIT
Eric Balchunas, ETF analyst at Bloomberg, pointed out a curious but interesting disruption between IBIT and other funds. According to Balchunas, IBIT 'is capturing much more than the rest' in terms of net inflow amounts. Regarding this, Balchunas stated that 'Usually there is much more parity... My theory is that trading based on HF returns and some big players bite after the dissociation and subsequent surge.'
The report published by the SEC, and later cited by MacroScope, highlights the key role of Goldman Sachs in the IBIT ETF. The firm holds 30.8 million shares, representing a 28% increase from the first report of the first quarter of 2025, reaching a total value of 1.4 billion dollars.
Additionally, the firm holds 3.5 million shares corresponding to FBTC, the second largest spot Bitcoin ETF by assets under management. The approximate value of it is $315 billion.
