BlackRock’s iShares Bitcoin Trust (IBIT) continues to dominate the ETF landscape, with inflows surging by an additional 3,005 BTC yesterday—valued at a staggering $336 million. The ETF’s share price simultaneously hit a new all-time high of $63, pushing its total Bitcoin holdings to 662,571 BTC. With assets under management (AUM) now at $72.7 billion, IBIT has firmly cemented its position as a frontrunner among U.S. spot Bitcoin ETFs.
Launched just 341 trading days ago, IBIT has rapidly scaled to historic heights. In comparison, the SPDR Gold Shares ETF (GLD) took 1,691 days to reach a similar AUM, while the S&P 500 ETF (VOO) required 1,701 days. This meteoric rise makes IBIT the fastest ETF to cross the $70 billion milestone in history—underscoring Wall Street’s accelerating embrace of Bitcoin as an institutional asset.
Since inception, IBIT has returned over 150% to investors, with shares currently trading at $62. Its performance and pace of adoption place it among the top five U.S. ETF launches for 2025, further solidifying its position as a Wall Street favorite.
More broadly, the entire U.S. spot Bitcoin ETF market is nearing a cumulative trading volume of $1 trillion—up from just $100 billion in March. BlackRock’s IBIT leads this charge, now rivaling traditional giants like the Nasdaq 100 ETF (QQQ) and S&P 500 ETF (VOO) in trading activity.
Commenting on this unprecedented growth, Bloomberg ETF strategist Eric Balchunas highlighted, “When BlackRock filed for IBIT, Bitcoin was trading at $30k and FTX had just collapsed. Now it’s over $110k and seen as legitimate among institutional investors.”
When BlackRock filed for IBIT, the price was $30k and the stench of FTX was still in air. It's now $110k (a return that is 7x that of the mighty S&P 500) and is now seen as legitimate for other big investors. Call me crazy Holmes, but I'd say that's a lot of "lift" https://t.co/blPJXhEsUA
— Eric Balchunas (@EricBalchunas) June 9, 2025
Bitcoin itself has rallied in recent weeks, now trading above $109,500 amid growing liquidity driven by global M2 expansion. Analysts suggest it could test the $125,000 level in the near term, potentially boosting ETF inflows even further.
Also Read: Peter Brandt Warns of 75% Bitcoin Crash as BTC Nears $110K Ahead of Key CPI Report
As institutional demand soars and traditional financial players deepen their exposure to Bitcoin, BlackRock’s IBIT is not just reshaping ETF benchmarks—it’s redefining Bitcoin’s role in global finance.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.
