Overview
- U.S. spot bitcoin ETFs held about 1.32 million BTC on Dec. 19, down only slightly from roughly 1.37 million at October’s peak.
- Total ETF assets fell less than 4% even as bitcoin slid about 36% from its October all-time high.
- BlackRock’s iShares Bitcoin Trust gathered more than $25 billion in 2025, ranking sixth for ETF inflows despite a roughly 9.6% negative return.
- IBIT’s share of the U.S. spot bitcoin ETF market rose to just under 60%, managing about 780,000 BTC.
- Bitcoin is in recovery near the low-to-mid $80,000 range, while bitcoin ETP flows this year outpaced those for gold ETPs despite gold’s roughly 65% gain and bitcoin’s near 7% decline.