BlackRock’s Bitcoin ETF Smashes Into Top 20 – Wall Street Finally Wakes Up in 2025

Wall Street''s sleeping giant just yawned—and the crypto markets felt it. BlackRock''s Bitcoin ETF has bulldozed its way into the elite club of top 20 most traded ETFs this year, proving even traditional finance can''t ignore digital gold forever.

The irony? It took them 16 years and a $1.3 trillion asset manager to catch up to what crypto natives knew in 2009. Meanwhile, gold ETFs are sweating into their retirement portfolios.

This isn''t just adoption—it''s surrender. The suits fought Bitcoin with lawsuits, now they''re fighting for AUM with Bitcoin. The ultimate hedge against fiat just became the ultimate hedge fund cash cow.

One question remains: When do we start calling it ''BlackRock''s Nakamoto ETF''?

BlackRock Continues Bitcoin Purchase

According to Farside Investors, BlackRock has purchased $930.6 million worth of bitcoin (BTC) in June. The world’s largest asset manager has liquidated $260.9 million worth of BTC in the same time frame.

BTC’s price faced a substantial correction earlier this month. The asset’s price fell to the $100,000 level after hitting a peak of $111,814 on May 22. BTC made a recovery to the $109,000 price point, but has slipped to the e$107,000 mark today. BTC is down 1.5% in the daily charts, but is up 2.5% in the weekly charts, 0.2% in the 14-day charts, 5% over the previous month, and 60.1% since June 2024.

Will The Asset Continue To Rally?

BTC has seen continued institutional inflows over the last few weeks. Institutional funding is a key driver for an asset’s price. BTC may continue its upswing if BlackRock and other financial institutions continue to buy the asset. Retail investors seem to be taking a back seat till now. We may witness a more significant rally if retail buyers also participate.

BTC currently faces considerable resistance at the $110,000 price level. BTC could climb to a new peak if it breaches the $110,000 mark.

According to Changelly, BTC will continue to rally over the next month. The platform anticipates the asset to hit a new all-time high of $120,902.90 on July 8, 2025. BTC’s price will rally by around 12.08% if it hits the $120,902.90 target.