Hold onto your hats, folks! BlackRock’s Bitcoin ETF has just smashed through the $80 billion barrier faster than any fund in history. And we’re not talking about some measly five years like the Vanguard S&P 500 ETF – oh no, this little beauty did it in record time!
According to data from SoSoValue, IBIT attracted a whopping $448 million in fresh inflows on July 10 alone, pushing total net inflows above $53 billion. Trading volumes topped $5.39 billion that day, with each share priced at $64.50. The ETF now holds over 700,000 BTC, representing about 3.55% of Bitcoin’s total supply.
IBIT’s performance reflects not just growing investor demand, but also the surge in Bitcoin’s price. It now ranks as the 21st-largest ETF globally, climbing ahead of traditional equity-focused funds like VOO, IEFA, and IEMG in record time.
Bloomberg ETF analyst Eric Balchunas noted that IBIT hit this milestone five times faster than any other ETF. With the total value of all spot Bitcoin ETFs now exceeding $140 billion, BlackRock’s aggressive expansion in crypto continues to lead the charge.
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2025-07-12 01:40