BlackRock iShares Bitcoin ETF has reached significant growth, increasing its share to 55% of all Bitcoin held in U.S. spot ETFs. Recent data highlights the fund's asset increase and its market impact.
Growth of BlackRock iShares Bitcoin ETF Assets
Recently, BlackRock iShares Bitcoin ETF added $164.6 million, raising its assets to 700.3 BTC, valued at approximately $75.5 billion. As of last Thursday, the fund held 698,919 BTC, with an increase of 1,388 BTC over two trading sessions.
Market Influence of Bitcoin ETFs
According to Bitbo, the BlackRock fund now constitutes over 55% of all BTC held in U.S. spot ETFs. Since its launch in January 2024, the fund has generated a cumulative return of 82.67%. Additionally, BlackRock's IBIT fund yields more income than their flagship S&P 500 fund.
Future of Bitcoin ETFs and Regulatory Changes
In light of rising demand for Bitcoin, companies like Strategy Inc. are purchasing more Bitcoin than miners are producing. In 2025, Strategy and other ETF exchanges acquired Bitcoin worth $28.22 billion, while miners produced Bitcoin worth only $7.85 billion. The SEC is considering proposals to change cryptocurrency approval processes, which could speed approvals to just 75 days.
As the Bitcoin ETF market evolves, BlackRock plays a key role with its growing assets, and upcoming regulatory changes could simplify the approval process for new ETFs. Future trends in this space are under close watch by analysts and investors.
