BlackRock, the largest asset manager in the world, has reached a new milestone in its Bitcoin ETF, accumulating over 700,000 BTC.
New Milestone in Bitcoin ETF
BlackRock now holds 700,307 BTC in its iShares Bitcoin Trust (IBIT) ETF, worth approximately $75.5 billion. The fund registered an additional inflow of $164.6 million yesterday.
Demand vs Supply of Bitcoin
Reports indicate that this year, US Bitcoin ETFs and the largest corporate Bitcoin holder, Michael Saylor’s Strategy, have been purchasing more Bitcoin than miners are producing. In 2025, they have bought Bitcoin worth $28.22 billion, while Bitcoin miners’ net issuance has amounted to $7.85 billion.
Encouraging News from Regulators
The United States Securities and Exchange Commission is reportedly looking to simplify the crypto ETF approval process. Under the new structure, ETF issuers will only need to file Form S-1 and wait for 75 days. If there are no objections from the SEC, the ETF can be listed on the exchange.
BlackRock's achievements in Bitcoin management and positive regulatory developments reflect the growing interest in crypto assets and opportunities for investors.
