BlackRock’s IBIT ETF Could Hit $100B This Month Amid Bitcoin Surge

In Brief:

IBIT is now BlackRock’s most profitable ETF, nearing $100B in assets with consistent inflows and BTC gains.

BlackRock now holds 717,388 BTC, valued at over $83.8B, plus recent ETH buys worth $150M.
‍

BlackRock’s iShares Bitcoin Trust (IBIT) is on pace to reach $100 billion in assets under management by the end of July, according to ETF analyst Eric Balchunas. With net assets currently standing at $85.96 billion, the fund is seeing sustained daily inflows, helped by the ongoing rally in Bitcoin’s price.

Launched just over a year ago, IBIT has rapidly become BlackRock’s most profitable ETF, surpassing the firm’s S&P 500 fund (IVV) in annual revenue. It now generates $186 million per year, with trading volume and investor demand rising steadily.

‍

The ETF’s growth is closely tied to Bitcoin’s performance. As BTC crossed $120,000 this month, IBIT’s net value surged in tandem. BlackRock recently added 3,294 BTC to the fund, bringing its total holdings to 717,388 BTC worth over $83.8 billion. At its current rate—acquiring 40,000 BTC per month—IBIT could surpass Satoshi Nakamoto’s estimated 1.1 million BTC by May 2026.

Alongside Bitcoin, BlackRock has also purchased 50,970 ETH worth $150 million, further expanding its crypto asset portfolio.

‍

If IBIT maintains this pace, it will soon rank among the top 25 largest ETFs in the world—an impressive feat for a fund that only began trading 1.6 years ago.

‍