BlackRock’s IBIT Smashes Records: $80B AUM Milestone Achieved Faster Than Any ETF in History
Wall Street's sleeping giant just woke up—and it's hungry for crypto.
BlackRock's IBIT isn't just playing the ETF game. It's rewriting the rulebook with institutional-grade digital asset exposure that's leaving legacy funds in the dust.
The speed run heard 'round Wall Street
Hitting $80 billion in assets under management faster than any ETF in history isn't just impressive—it's a middle finger to traditional finance's glacial adoption curve. The same firms that spent years dismissing crypto now can't wire funds fast enough.
What the ticker doesn't show
Behind the record-breaking numbers? A perfect storm of institutional FOMO, BlackRock's distribution muscle, and—let's be honest—desperation from asset managers who missed the first three crypto bull runs.
One cynical observation? Nothing accelerates Wall Street's innovation like the fear of missing out on fees.
Source: Eric Balchunas/X
Inflows surge alongside the milestone
US spot bitcoin ETFs attracted $1.18 billion on July 10, the third-largest daily haul recorded for these products,to CoinShares head of research James Butterfill.
Farside Investors data added that IBIT, followed by Fidelity’s FBTC at $324.3 million and Ark 21Shares’ ARKB at $268.7 million.
Furthermore, Farside data shows cumulative net inflows of $51.3 billion across the 12 US spot Bitcoin ETFs through July 11.
IBIT accounts for $53.45 billion of that total, followed by FBTC with $12.62 billion, Ark 21Shares’ ARKB with $3.02 billion, and Bitwise’s BITB with $2.29 billion.
GBTC’s $23.38 billion in redemptions offsets a large share of industry inflows, yet still leaves the group’s net figure firmly positive.
Bitbo data show that the 12 US spot Bitcoin ETFs, worth approximately $149 billion, equivalent to 6% of the eventual 21 million supply.
IBIT alone controls 706,008 BTC, roughly 56% of the cohort, valued at $83 billion. Fidelity’s FBTC sits a distant second at $24.4 billion, while Grayscale’s GBTC retains $21.7 billion after months of redemptions.
