BlackRock’s iShares Bitcoin Belief (IBIT) has gathered 806,700 Bitcoin (BTC) value roughly $63.7 billion. The entire marks a brand new all-time excessive for the world’s largest spot BlackRock Bitcoin ETF.
The report follows 9 consecutive buying and selling days of internet inflows, throughout which IBIT added roughly 21,500 BTC. Institutional demand for regulated Bitcoin publicity continues to develop as BTC trades close to $78,000.
BlackRock’s IBIT Dominates US Bitcoin ETF Market
BlackRock’s fund now instructions roughly 49% of complete US spot Bitcoin ETF belongings. That places it properly forward of Constancy’s FBTC and Grayscale’s GBTC.
The ETF recorded internet inflows on 48 of 62 buying and selling days throughout Q1 2026. These flows totaled an estimated $8.4 billion for the quarter.
The shopping for tempo picked up in mid-April. IBIT attracted $291.9 million on April 15 and $269.3 million on April 10, in line with ETF circulation information. That sustained demand pushed complete holdings previous the 800,000 BTC mark for the primary time.
Throughout the broader market, US spot Bitcoin ETFs have reversed 4 months of capital flight. The group gathered roughly $2 billion over 4 straight weeks of constructive internet inflows. IBIT contributed roughly $1.7 billion of that complete.
MicroStrategy Reclaims Largest Holder Title
Regardless of the IBIT report, the fund is now not the only largest company Bitcoin holder. MicroStrategy Inc. lately surpassed the ETF with 815,061 BTC on its stability sheet. The agency reclaimed a lead it had misplaced in Q2 2024.
The Michael Saylor-led agency has purchased aggressively this month, including 13,927 BTC for roughly $1 billion on April 13 alone. The hole between the 2 now sits at roughly 8,300 BTC.
BlackRock can also be broadening its crypto product lineup. The asset supervisor lately filed an amended S-1 with the SEC for a Bitcoin revenue ETF below the ticker BITA. The proposed fund would generate yield by way of a coated name technique tied to IBIT.
With each IBIT and MicroStrategy persevering with so as to add BTC, the race between the 2 largest institutional holders might intensify by way of Q2.
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