TLDR
- BlackRock Bitcoin ETF reached a record $91.06 billion in assets under management.
- The ETF recorded $58.04 billion in cumulative net inflows as of August 13.
- IBIT holds 3.72% of the total Bitcoin supply, strengthening its market leadership.
- The ETF’s share price closed at $69.84 with a 0.57% premium to net asset value.
- Fidelity’s FBTC ranks second with $24.77 billion in assets, far behind BlackRock.
BlackRock Bitcoin ETF has reached a record $91.06 billion in assets under management, marking a milestone for U.S. spot Bitcoin ETFs. The fund’s cumulative net inflows stood at $58.04 billion as of August 13, despite no inflows on that day. Moreover, the ETF closed at $69.84 per share, trading at a 0.57% premium to its net asset value.
BlackRock Bitcoin ETF Extends Market Leadership
The BlackRock Bitcoin ETF now holds 3.72% of the overall Bitcoin supply, further cementing its lead among competitors. With 54.82 million shares reported on August 13, its market value reached $3.79 billion. Furthermore, consistent inflows underscore its popularity among institutional and retail investors seeking regulated Bitcoin exposure.
Since its January 2024 debut, the BlackRock Bitcoin ETF has achieved record-breaking inflow milestones. It secured over $5 billion in net inflows in its first month, outpacing all other U.S. ETFs launched that year. Consequently, its growth trajectory has remained unmatched in the industry.
By mid-July 2025, the BlackRock Bitcoin ETF recorded $80 billion in cumulative net inflows. Its latest $58.04 billion figure further strengthens its dominant position. This lead places its asset base at nearly four times that of its nearest competitor.
Competitors Show Growth but Remain Behind
Fidelity’s FBTC ranks second with $24.77 billion in assets and $12.07 billion in cumulative net inflows. Grayscale’s GBTC, holding $22.18 billion, has seen $23.72 billion in cumulative outflows since launch. Ark Invest’s ARKB manages $5.58 billion, while Bitwise’s BITB holds $5.02 billion in assets.
Although these funds show growth, the BlackRock Bitcoin ETF remains well ahead in both assets and market influence. Its scale continues to attract larger institutional interest, boosting overall market liquidity. Additionally, the ETF’s regulated structure appeals to investors cautious of direct cryptocurrency exposure.
The BlackRock Bitcoin ETF’s dominance reflects both investor trust and favorable market conditions. Rising Bitcoin prices have amplified asset valuations across the ETF sector. Nevertheless, BlackRock’s lead remains significant even in volatile situations.
Bitcoin Price Impact on ETF Performance
Bitcoin surged to an all-time high near $124,000 on Wednesday, driven by expectations of a 25 basis point U.S. rate cut. This optimism helped push the BlackRock Bitcoin ETF to record valuations. However, market sentiment shifted after hotter-than-expected U.S. Producer Price Index data was released.
Following the inflation report, Bitcoin price fell below $118,000, triggering more than $930 million in leveraged position losses. This drop also caused over $1 billion in total crypto liquidations within 24 hours. The BlackRock Bitcoin ETF’s valuation has been adjusted to match Bitcoin’s price movements.
Despite fluctuations, the BlackRock Bitcoin ETF continues to hold strong market share. Its performance remains closely tied to Bitcoin’s market trajectory. As such, sustained demand for regulated Bitcoin exposure could maintain its asset growth.