Recent data confirms that BlackRock and Fidelity have made substantial Bitcoin purchases through their respective spot Bitcoin ETFs. On June 24, 2025, BlackRock’s IBIT fund led all U.S. Bitcoin ETFs with $436.32 million in inflows, while Fidelity’s FBTC recorded $85.16 million in inflows on the same day8. Combined, these two institutional giants purchased approximately $521.48 million worth of Bitcoin in a single day, surpassing the $461.6 million figure mentioned.
This surge in institutional buying reflects ongoing strong demand for regulated Bitcoin exposure among major asset managers, with BlackRock and Fidelity consistently leading ETF inflows in the U.S. market
