BlackRock’s Bitcoin ETF Smashes Records: $91B AUM Signals Institutional Frenzy

Wall Street's crypto craving hits hyperdrive as BlackRock's Bitcoin ETF balloons to $91 billion—proving even suits can't resist digital gold.

How the whales feed

Forget 'slow money.' BlackRock's IBIT now gulps 11% of all Bitcoin ETF inflows daily. The fund's AUM has doubled since January—outpacing the S&P 500 like a DeFi yield farm on stimulants.

Why TradFi finally blinked

Pension funds and hedge managers are piling in, desperate for returns their bond portfolios haven't delivered since the 1980s. The kicker? They're paying 0.25% fees for the privilege—Wall Street's cut survives every revolution.

The cynical take

Nothing cures Wall Street's crypto skepticism faster than a chance to slap 'ETF' on something and charge asset-based fees. But hey—at least they're not selling another collateralized debt obligation.

IBIT extends its market lead

IBIT has captured 3.72% of the total bitcoin supply and continues to draw both institutional and retail investors.

Since its January 2024 debut, IBIT has attracted over $5 billion in net inflows during its first month, a record for new U.S. ETFs.

By mid-July 2025, IBIT crossed $80 billion in cumulative net inflows, highlighting its unmatched investor appeal.

For current and historical data on IBIT’s bitcoin holdings, see the BlackRock IBIT tracker.

Competitors

Competitors like Fidelity’s FBTC and Grayscale’s GBTC trail behind, managing $24.77 billion and $22.18 billion, respectively.

Grayscale’s GBTC has seen $23.72 billion in cumulative outflows since converting to an ETF, while Ark Invest’s ARKB and Bitwise’s BITB remain smaller players.

Inflation data spurs bitcoin selloff

Bitcoin’s price briefly surged to $124,000 on Optimism that the Federal Reserve would cut rates.

However, hotter-than-expected U.S. inflation data prompted a sharp reversal, sending bitcoin below $118,000 and triggering more than $1 billion in liquidations across digital asset markets.

Overall, more than $930 million in Leveraged bitcoin positions were wiped out in less than a day.