Overview
- After nearly $4 billion in two-week inflows, IBIT holds more than 800,000 BTC valued around $98 billion, placing the $100 billion milestone within reach.
- Bloomberg Intelligence estimates the 0.25% fee now generates over $240 million per year, making IBIT BlackRock’s most profitable ETF.
- IBIT controls over 60% of spot Bitcoin ETF holdings and roughly 4% of total Bitcoin supply, concentrating a large share of BTC in one regulated product.
- Analysts say the fund is on pace to reach $100 billion about five times faster than any ETF in history, driven by institutional demand for regulated exposure.
- Rising Bitcoin prices, including a $125,000 all-time high this year, have reinforced inflows, while Fidelity’s FBTC remains roughly $70 billion smaller and BlackRock has declined to comment.