The Blackrock’s Bitcoin exchange-traded spot fund only crossed over 700,000 BTC, worth approximately $ 75.5 billion, after registering another $ 164.6 million flows on Monday.
Blackrock, the world’s largest manager owner, now holds 700,307 BTC in his ishares Bitcoin Trust (IBIT) ETF, According to To Apollo co-founder Thomas driver.
BlackRock’s own website shows ibit held 698,919 BTC such as Thursday, and as such, the fund added 1,388 BTC to two trading sessions.
Ibit accounts for more than 55% of the total BTC held in the US Spot Bitcoin ETF, According to In the Bitbo. Since it began in January 2024, the funds delivered a total return of 82.67%.
Bitcoin’s recent milestone came amid reports that Blackrock today Income From its funding funds than the S&P 500 fund, ishares core S&P 500 ETF.
Bitcoin hoinging outpaces supply
Meanwhile, funds exchanged by the US bitcoin exchange, accompanied by Michael Saylor’s approach, the largest Bitcoin corporation holder, has bought more Bitcoin than the supply generated by miners almost every month until this year, According to In Galaxy Research.
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The strategy and the US Bitcoin ETFS collectively bought Bitcoin worth $ 28.22 billion in 2025, while the new issuance of Bitcoin miners costs $ 7.85 billion at the same time.
In June, joint creatures bought more Bitcoin than the new supply generated each month, other than February, when the joint entity sold Bitcoin worth $ 842 million.
Regulators warmed up to crypto ETFs
Meanwhile, the United States security and exchange commission has been reported to have been reported Looking to make it simple The process of approved by Crypto ETF.
Under the new structure, the ETF providers will only need to file a form S-1 and wait 75 days. If the SEC has no objections, its ETF providers may list the exchange.
Earlier this month, Rex-OSPREY Solana and Staking ETF have been the First ETF in the US To offer investors to exposure to a staked crypto ETF, with investors given exposure to Sol along with staking rewards.
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