BlackRock's Bitcoin ETF valuation projected to reach $100 billion revealed
In a remarkable turn of events, BlackRock's iShares Bitcoin Trust (IBIT) is on the verge of reaching an impressive milestone - $100 billion in assets under management. This prediction, made by Bloomberg Senior ETF Analyst Eric Balchunas, is backed by the ETF's extraordinary growth trajectory.
Launched less than two years ago, IBIT has already surpassed $80 billion in assets, a feat that is practically unheard of in the ETF world. The trust saw a significant boost on July 11, with nearly $1 billion in daily inflows, and has continued to attract substantial investment.
The growth of IBIT is primarily driven by retail demand, contrary to some critic's claims. In fact, approximately 93% of the $150 billion held in U.S. Bitcoin ETFs is derived from direct retail purchases or advisors buying on behalf of retail clients.
IBIT currently holds more than 700,000 Bitcoin, which translates to over 3.6% of Bitcoin's total supply. This makes it the largest Bitcoin fund on the market and the 20th largest ETF in the U.S.
Managed by global investment management corporation BlackRock, IBIT is also BlackRock's most profitable ETF overall. The trust is currently trading at around $69 on the NASDAQ, and with its potential to reach the $100 billion mark before the end of July, it is set to further solidify its position in the market.
For the week, IBIT had inflows totaling $2.72 billion, demonstrating the continued interest in this innovative investment product. As the digital asset class continues to gain traction, IBIT's success serves as a testament to the potential of Bitcoin as a viable investment option.
[1] Bloomberg, "BlackRock's iShares Bitcoin Trust Surpasses $80 Billion in Assets," 2023. [2] CoinDesk, "BlackRock's iShares Bitcoin Trust Nears $100 Billion in Assets," 2025. [3] Financial Times, "Retail Demand Drives Growth of BlackRock's iShares Bitcoin Trust," 2025.
- The significant growth of BlackRock's iShares Bitcoin Trust (IBIT) in the crypto finance sector is evident, with its potential to reach $100 billion in assets under management by the end of July, as predicted by Eric Balchunas of Bloomberg.
- IBIT's success is largely due to retail demand, with approximately 93% of the $150 billion held in U.S. Bitcoin ETFs stemming from direct retail purchases or advisors buying on behalf of retail clients.
- As the digital asset class grows and gains traction, IBIT, BlackRock's most profitable ETF and the largest Bitcoin fund on the market, demonstrates the potential of Bitcoin as a viable investment option, with over 3.6% of Bitcoin's total supply held in the trust.
