BlackRock Bitcoin ETF Enters Top Five US ETF List With Latest $877 Million Inflows

Highlights

BlackRock Bitcoin ETF total holdings have surged to 643,755 Bitcoins, with net assets under management reaching $70.1 billion.
Major institutional players, including Goldman Sachs and Blackstone hold huge shares of IBIT.
IBIT shares reached an all-time high of $63.23, with analysts setting target of $80.

BlackRock Bitcoin ETF (IBIT) has witnessed mammoth inflows, raking in an additional $877 million on Thursday, May 22. With more than $9 billion pouring in so far this year, this puts IBIT among the top five US ETFs by inflows. Also, IBIT’s total inflows since inception have now crossed a massive $47.5 billion.

BlackRock Bitcoin ETF Hits New Milestones

BlackRock’s iShares Bitcoin Trust (IBIT) had sweeping inflows on Thursday, hitting new milestones with daily trading volume surging $4.2 billion. With these total inflows, BlackRock scooped in a total of 7860 Bitcoins in a single day. As per the official IBIT data, the firm now holds a total of 643,755.21320 Bitcoins, with net assets under management of $70.1 billion.

BlackRock Bitcoin ETF has become the gold standard for institutions looking to seek exposure to BTC. Goldman Sachs is one of the biggest holders of IBIT shares currently in the market. In the latest development, $1.2 trillion asset manager Blackstone Investments disclosed purchases of over $1 million worth of IBIT shares.

Blackstone revealed holding 23,094 shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) as of March 31. These shares are part of Blackstone’s Alternative Multi-Strategy Fund (BTMIX), which manages $2.63 billion in assets. This massive institutional inflow puts IBIT in the list of top five US ETF funds, by inflows, this year.

If the inflows continue at this rate, BlackRock’s IBIT can overtake Satoshi Nakamoto’s Bitcoin holdings by next summer. However, there’s still a distant mile for IBIT to cover.

IBIT Shares Price Hits All-Time High

Following Thursday’s data, BlackRock’s IBIT has witnessed $47.5 billion in inflows since inception. It leads Fidelity’s FBTC by a massive margin, which is second at $11.8 million in inflows, among all US Bitcoin ETFs, as per data from Farside Investors. As a result, the Nasdaq-listed IBIT share has touched an all-time high of $63.23 on Thursday.

As per the Elliot Wave pattern as shown in the image below, BlackRock Bitcoin ETF (IBIT) can proceed further all the way to $80, to ride on the projected wave 5. This could potentially lead to a new Bitcoin all-time high moving ahead.

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets.   He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.