iShares Bitcoin Trust (IBIT) hits $70B — BlackRock’s spot Bitcoin ETF became the fastest ETF ever to reach $70 billion in assets, amassing that in only 341 trading days—about five times quicker than GLD .
2. Institutional BTC buying surges — On June 10 alone, IBIT added 3,005 BTC (~$336 million), bringing total holdings to about 662,500 BTC—making it the world’s largest institutional BTC holder .
3. Growing ETH exposure — BlackRock also purchased roughly $80 million worth of Ethereum, as its ETH spot ETF saw weekly inflows of $249 million, signaling rising institutional demand .
4. Crypto adoption still early — BlackRock’s digital‑assets division says institutional BTC adoption remains in its infancy, even as regulatory tailwinds and flows accelerate .
5. Tokenization initiatives — Beyond ETFs, BlackRock is pioneering tokenized funds—like its BUIDL U.S. Treasury token fund—and backing platforms like Securitize, marking a push into blockchain-based financial infrastructure