BlackRock’s iShares Bitcoin ETF has reached 700k Bitcoins

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One of the worlds biggest asset managers, BlackRock, now has 700,307 Bitcoins in its iShares Bitcoin Trust (IBIT) ETF. Right now, this is 55% of all Bitcoins held in all spot Bitcoin ETFs in the USA.

Not only that, last Monday, BlackRock added new Bitcoins worth $164.6 million to its spot Bitcoin ETF. These Bitcoins are now worth about $75.5 billion. You can just imagine.

Last Thursday, on BlackRocks own iShares website, they showed 698,919 Bitcoins in IBIT. They added 1,388 Bitcoins in just two trading sessions.

The fun part is, since IBIT started on January 5, 2024, it has given a total return of 82.97%. This is really great. Well, of course, it’s BlackRock!

But, right now, BlackRock is making even more money from its S&P 500 fund than from IBIT. This fund is called the iShares Core S&P 500 ETF.

Bitcoin savings are going beyond supply

According to a research from Galaxy, Michael Saylor’s company (called MicroStrategy) has bought more Bitcoin every month this year than the amount made by Bitcoin miners. Galaxy’s research team also said the same thing about iShares Bitcoin Trust (IBIT) ETFs.

The most surprising thing is, until today in 2025, MicroStrategy and US Bitcoin ETFs together hold $28.22 billion worth of Bitcoins. But during the same time, miners only produced $7.85 billion worth of Bitcoins.

Regulators are becoming friendly to crypto ETFs

The SEC is working to make Crypto ETFs easier. Right now, ETF issuers need to file Form S-1 and wait 75 days. If the SEC has no objections, they can list the ETF on the exchange.

Earlier this month, the REX-Osprey Solana in the USA became the first ETF that gives investors exposure to staked crypto. Investors can get exposure to SOL and its staking rewards.

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