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BlackRock iShares Bitcoin ETF surpasses 700K Bitcoin

cryptoweekly by cryptoweekly
July 8, 2025
in bitcoin, News
0

BlackRock’s iShares Bitcoin ETF now holds 55% of the total Bitcoin held across all US spot Bitcoin ETFs.

BlackRock’s spot Bitcoin exchange-traded fund has just crossed over 700,000 BTC, worth approximately $75.5 billion, after registering another $164.6 million inflow on Monday. 

BlackRock, the world’s largest asset manager, now holds 700,307 BTC in its iShares Bitcoin Trust (IBIT) ETF, according to Apollo co-founder Thomas Fahrer.

BlackRock’s own iShares website shows IBIT held 698,919 BTC as of Thursday, and as such, the fund added 1,388 BTC in two trading sessions.

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  • GENIUS Act blocks Big Tech, banks from dominating stablecoins: Circle exec
  • Charles Hoskinson says audit report ‘shaping up’ for August release
  • Bitcoin 43% social chat dominance suggests 'key entry point' ahead
  • XLM's price to rocket like XRP, Trump’s big crypto nod: Hodler’s Digest, July 13 – 19
  • US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse
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