Key Takeaways
- BlackRock’s IBIT surpassed $80 billion in AUM just 374 days after launch.
- IBIT now holds over 700,000 BTC, accounting for 3.55% of all bitcoin in circulation.
- Spot bitcoin ETFs in the US have attracted record inflows, pushing total assets above $140 billion.
BlackRock’s iShares Bitcoin Trust (IBIT) has set a new record as the fastest exchange-traded fund (ETF) to surpass $80 billion in assets under management (AUM), achieving this milestone just 374 days after launch.
The accomplishment places IBIT among the world’s 25 largest ETFs, ranking 21st by AUM.
IBIT growth outpaces competitors
The previous record for reaching $80 billion was held by Vanguard’s S&P 500 ETF (VOO), which took nearly five times as long to hit the same level.
Bloomberg ETF analyst Eric Balchunas noted that IBIT’s rapid ascent represents a significant shift in investor appetite for bitcoin exposure through regulated products.
Balchunas commented:
“The fund attracted over $1 billion in inflows in a single night, but a substantial part of recent AUM growth is also attributable to bitcoin’s sharp price rally.”
As of this week, IBIT holds more than 700,000 BTC, which is approximately 3.55% of the total bitcoin supply.
IBIT accounts for nearly 59% of the total value held across all US-listed spot bitcoin ETFs.
For a full breakdown of US ETF holdings, see the US bitcoin ETF tracker.
Spot bitcoin ETF market sees record inflows
The broader market for US spot bitcoin ETFs has now surpassed $140 billion in total assets.
Data from SoSoValue indicates that cumulative inflows have exceeded $50 billion, with $2.7 billion entering just in the past week.
Nate Geraci, president of NovaDius Wealth, pointed out that there have been seven days since January when daily inflows topped $1 billion, with two of those occurring this week.
The rapid rise of IBIT and similar products demonstrates investor demand for regulated, accessible bitcoin investment options that avoid the complexities of self-custody or unregulated platforms.
