Highest Cost Performance from IBIT
BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT), now records annual fee income of US$186 million—surpassing that of IVV, BlackRock’s S&P 500 ETF, which only generates about US$183 million annually.
This demonstrates strong investor demand, making IBIT a cash cow for BlackRock.
Volatility Declines, Approaching S&P 500 Stability
According to information we cited from Beincrypto, despite its Bitcoin focus, IBIT’s volatility is now approaching the stable levels typically seen in S&P 500-based ETFs.
This decline is noteworthy because it demonstrates that crypto ETFs can perform similarly to traditional assets.
Record Launch and AUM Growth
Launched in January 2024, IBIT immediately set a record: reaching US$10 billion in AUM in just seven weeks—multiple times faster than any ETF before it.
Then, in just over a year, its AUM reached US$40 billion, surpassing gold ETFs and becoming the largest ETF launch in history.
A New, Staggering AUM Milestone
In early June 2025, IBIT’s AUM reached US$72.7 billion. Then, in July 2025, its total assets surpassed US$80 billion, with holdings of over 706,000 BTC. This makes it the largest and fastest-growing Bitcoin spot ETF in the world.
Bitcoin Assets Approaching Satoshi’s Holdings
IBIT currently manages approximately 700,000 BTC — this is close to Satoshi Nakamoto’s holdings (~1.1 million BTC).
With an average accumulation rate of 1,300 BTC per day, it is estimated that IBIT could surpass Satoshi’s wallet by 2026.
Significant Trading Volume and Inflows
IBIT once recorded a daily trading volume of US$5 billion — double the usual average.
Meanwhile, on June 17, 2025, inflows reached US$639 million in a single day, indicating strong interest from institutional investors.
Challenges: Outflows and Volatility Concerns
Despite these significant inflows, IBIT has also experienced significant outflows, such as on January 2, 2025, when it recorded an outflow of US$330.8 million — the highest record to that point.
However, BTC holdings remain substantial (over 550,000) and continue to account for approximately 2.4% of the total Bitcoin supply.
Future Direction: Crypto Asset Dominance and Regulation
IBIT’s success demonstrates Bitcoin’s increasingly solid position in the traditional financial world, attracting the attention of regulators and major investors.
With low fees (0.25%) and technological support from Coinbase Prime, IBIT is poised to set a new standard in cryptocurrency investing.
