Explosive Growth: BlackRock’s Bitcoin ETF Shatters Records with $70 Billion in Just 341 Days
How BlackRock’s IBIT Became the Fastest ETF to Hit a Historic Milestone
BlackRock’s iShares Bitcoin Trust (IBIT) has made history, becoming the fastest ETF to surpass $70 billion in assets under management (AUM). Achieving this milestone in just 341 trading days, IBIT has outpaced even the most successful ETFs in history, including the SPDR Gold Shares (GLD), which took 1,691 days to reach the same mark. This unprecedented growth underscores the surging demand for regulated Bitcoin exposure among institutional investors.
“Just in: Spot BlackRock Bitcoin ETF becomes the fastest ETF in history to surpass AUM $70 billion.” – Bitcoin Magazine (@bitcoinmagazine) June 9, 2025
To put this into perspective, other major ETFs like VOO (1,701 days), IEFA (1,773 days), and IEMG (2,063 days) lag far behind. IBIT’s explosive growth is a testament to the accelerating institutional adoption of Bitcoin as a legitimate asset class. As Bloomberg ETF analyst Eric Balchunas noted, IBIT achieved this feat five times faster than the previous record holder, GLD.
The timing of IBIT’s milestone coincides with Bitcoin’s continued rally. At the time of reporting, Bitcoin was trading above $108,000, marking a 2.06% increase. While it remains slightly below its all-time high of nearly $112,000, the momentum is undeniable. BlackRock’s strategic accumulation of Bitcoin has positioned it as a leader in institutional investment, with over 663,000 BTC in its portfolio—surpassing even MicroStrategy’s 582,000 BTC.
This milestone reflects a broader shift in the financial landscape. Bitcoin is no longer a niche asset; it’s a preferred choice for investors seeking regulated exposure through traditional financial products. The chart below illustrates the stark contrast in adoption rates, with IBIT’s vertical ascent leaving its peers in the dust.
As Bitcoin hovers near its peak and institutional products like IBIT grow at unprecedented speeds, the question isn’t just about Bitcoin’s future—it’s about how the entire financial industry is evolving. Are we witnessing the dawn of a new era in finance?
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FAQ
1. What is BlackRock’s iShares Bitcoin Trust (IBIT)?
IBIT is a Bitcoin ETF launched by BlackRock, offering investors regulated exposure to Bitcoin through traditional financial products.
2. How long did it take IBIT to reach $70 billion in AUM?
IBIT achieved this milestone in just 341 trading days, making it the fastest ETF in history to do so.
3. How does IBIT compare to other ETFs?
IBIT outpaced ETFs like SPDR Gold Shares (GLD), VOO, IEFA, and IEMG, which took significantly longer to reach the same AUM.
4. What does IBIT’s growth mean for Bitcoin?
It highlights the increasing institutional adoption of Bitcoin as a legitimate and preferred asset class.
5. How much Bitcoin does BlackRock hold?
As of the latest reports, BlackRock holds over 663,000 BTC, surpassing MicroStrategy’s holdings.
6. What is the current price of Bitcoin?
At the time of reporting, Bitcoin was trading above $108,000, with a 2.06% increase.
7. Why is IBIT’s growth significant?
It reflects the accelerating pace at which institutional capital is entering the Bitcoin market.
8. How can I stay updated on crypto news?
Follow our Telegram channel here for the latest updates.
9. What’s next for Bitcoin and institutional investment?
The focus is on how Bitcoin’s growth will continue to reshape the financial industry.
10. Can I join a community to discuss crypto investing?
Yes, join our Telegram chat here to connect with like-minded investors.
