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BlackRock Bitcoin ETF Breaks Record as IBIT Stock Hits $63 ATH

BlackRock’s Bitcoin ETF Pulls In Nearly $1 Billion in a Single Day - Is Big Money Back?

The post BlackRock Bitcoin ETF Breaks Record as IBIT Stock Hits $63 ATH appeared first on Coinpedia Fintech News

BlackRock’s iShares Bitcoin Trust (IBIT) has just reached a major milestone, both in price and popularity. With Bitcoin prices surging and institutional demand booming, IBIT is now one of the fastest-growing ETFs in U.S. history. But how did it beat gold and S&P 500 ETFs to this record, and what does it mean for Bitcoin’s future on Wall Street?

Let’s break down!

$336 Million in a Single Day

On June 10, BlackRock added 3,005 more Bitcoins to its ETF portfolio, worth about $336 million, bringing its total holdings to a staggering 662,571 BTC. This pushed its total assets under management (AUM) to $72.7 billion. 

The numbers are impressive, but what really stands out is the speed of this growth. IBIT reached the $70 billion mark in just 341 trading days, faster than any other ETF in history. 

According to ETF expert Eric Balchunas, no other ETF in U.S. history has grown this fast. To put this in perspective, the popular SPDR Gold Shares (GLD) took almost 5x times longer to reach the same milestone.

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IBIT launched in the U.S. in January 2024 and has already attracted nearly $50 billion in inflows. That’s more than any of the other 10 spot Bitcoin ETFs that launched at the same time. 

Even with a big outflow of $430.8 million in May, IBIT has bounced back strong, riding the wave of Bitcoin’s price surge past $111K.

Although the excitement isn’t just about IBIT. Altogether, U.S. spot Bitcoin ETFs are on the verge of hitting a staggering $1 trillion in trading volume, an incredible leap from $100 billion just a few months ago.

IBIT Share Hit All-Time High

Meanwhile, the growing IBIT share price also hit a new peak of $63, offering investors returns of around 150% since the fund launched in January 2024. 

As of now, shares are trading near $62, reflecting growing trust in Bitcoin’s long-term value.

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Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

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IBIT is BlackRock’s spot Bitcoin ETF holding over 662K BTC with $72.7B in assets, designed for institutional crypto exposure.

Why is IBIT attracting so much investment?

IBIT’s rapid growth is driven by rising Bitcoin prices and massive institutional demand for regulated crypto exposure.

How much Bitcoin does IBIT currently hold?

As of June 10, 2025, IBIT holds approximately 662,571 BTC, worth around $72.7 billion in total assets.