BlackRock’s Bitcoin ETF Smashes $91B AUM – Defying BTC Downturn Like a Wall Street Boss

BlackRock just flexed its institutional muscle—its Bitcoin ETF now holds $91 billion in assets under management, laughing in the face of BTC’s recent slump.

The Institutional Juggernaut Rolls On

While retail traders panic-sell, Wall Street’s favorite crypto wrapper keeps stacking sats. The ETF’s growth screams one thing: money talks, volatility walks.

Crypto Winter? More Like BlackRock’s Bonus Season

Even as Bitcoin dipped 20% last quarter, the fund added $12 billion in inflows. Guess hedgies still prefer their crypto pre-chewed and SEC-approved.

The Punchline

Traditional finance’s slow embrace of crypto looks less like adoption and more like a hostile takeover. Who needs decentralization when you’ve got an expense ratio?

Key Takeaway

BlackRock’s iShares Bitcoin Trust (IBIT) cements its dominance in the U.S. spot Bitcoin ETF race, reaching an unprecedented $91.06 billion in assets under management.

BlackRock’s iShares bitcoin Trust (IBIT) has achieved a record milestone in the U.S. spot Bitcoin [BTC] ETF market, amassing $91.06 billion in assets under management (AUM).

Despite Bitcoin’s recent pullback from record highs, the fund’s total net inflows have soared to $58.04 billion as of the 13th of August, underscoring robust investor confidence.

BlackRock’s Bitcoin ETF hits record high

Despite no fresh inflows on the 13th of August, IBIT closed at $69.84 per share, 0.57% above its net asset value, reflecting continued market demand.

The iShares Bitcoin Trust now holds 3.72% of all circulating Bitcoin, reinforcing its status as the leading spot Bitcoin ETF.

At press time, IBIT reported 54.82 million outstanding shares, valued at a combined $3.79 billion.

Since its January 2024 launch, IBIT has seen explosive growth, attracting both institutional giants and retail investors. 

It broke the U.S. ETF launch record with over $5 billion in net inflows during its first month, and by mid-July 2025, cumulative inflows had exceeded $80 billion.

Other Bitcoin ETFs’ status

Fidelity’s FBTC ranks second, managing $24.77 billion in assets and attracting $12.07 billion in net inflows. 

Grayscale’s GBTC follows with $22.18 billion in assets but has experienced $23.72 billion in outflows since transitioning to an ETF.

Meanwhile, Ark Invest’s ARKB and Bitwise’s BITB hold smaller market shares, with $5.58 billion and $5.02 billion in assets, respectively.

Factors involved

That being said, the recent turbulence in Bitcoin’s price underscores the market’s sensitivity to macroeconomic shifts, with the latest pullback driven by hotter-than-expected U.S. PPI data.

Bitcoin’s sharp drop from near $124,000 to below $119,000 not only erased over $930 million in Leveraged BTC positions, but also triggered more than $1 billion in overall crypto liquidations, at press time.

However, as Bitcoin was dropping, ethereum [ETH] seized the spotlight on Wall Street, with U.S. spot ETH ETFs raking in a record-breaking $1.019 billion in net inflows on the 11th of August, surpassing even their Bitcoin-focused rivals.

Even here, BlackRock’s iShares Ethereum Trust (ETHA) led the charge and surpassed $10 billion in cumulative net inflows, doubling its previous $5 billion tally in just three months.

It now holds over 3.3 million ETH, highlighting a growing investor appetite for the second-largest cryptocurrency.