$BTC #ETF BlackRock Surpasses 700,000 $BTC Holdings Milestone


#BlackRock's iShares $BTC Trust has crossed the 700,000 $BTC threshold after registering $164.6 million in Monday inflows.


The world's largest asset manager now holds 700,307 $BTC worth approximately $75.5 billion in its IBIT fund.


IBIT accounts for over 55% of total Bitcoin held across all U.S. spot Bitcoin ETFs, according to Bitbo data.


The fund has delivered an 82.67% total return since its January 2024 inception.


BlackRock now earns more revenue from IBIT than its flagship S&P 500 fund, according to recent reports.


U.S. $BTC ETFs combined with #MicroStrategy have purchased more $BTC than miner supply generation almost every month in 2025.


The combined entities bought $BTC worth $28.22 billion while miners produced $7.85 billion in new supply during the same period.


Galaxy Research data shows only February saw net selling of $842 million from these major $BTC accumulation entities.


The #SEC is reportedly exploring simplified #crypto ETF approval processes requiring only Form S-1 filings and 75-day waiting periods.


REX-Osprey recently launched the first U.S. staked crypto ETF, offering exposure to staking rewards alongside $SOL holdings.

image
July 08, 2025 at 2:15 PM
66
2
2
1