18.06.2025 20:30

BlackRock, a leading asset management firm and ETF issuer, has significantly expanded its Bitcoin holdings. Over a six-day period, culminating on June 17th, 2025, Arkham Intelligence data reveals BlackRock acquired approximately $1.4 billion worth of Bitcoin (BTC), including a single-day purchase of $250 million. This substantial investment underscores the continued institutional interest in Bitcoin.

This aggressive buying spree coincides with remarkable inflows into BlackRock's iShares Bitcoin Trust (IBIT). On June 17th alone, IBIT saw net inflows exceeding $639.2 million, a stark contrast to significant outflows experienced by competitors like Fidelity, ARK, and Bitwise. This surge in IBIT's popularity contributed to its achieving a historic milestone – surpassing $70 billion in assets under management (AUM) in a record-breaking 341 days, significantly outpacing the previous record holder.

This impressive growth and BlackRock's consistent buying activity occur against a backdrop of a slightly weakened Bitcoin market. At the time of writing, Bitcoin traded around $104,589, experiencing a roughly 5% decrease over the previous week due to rising geopolitical concerns impacting broader market sentiment. However, BlackRock's actions suggest unwavering institutional confidence and a strategic capitalizing on the temporary price dip to increase their Bitcoin holdings.

IBIT now manages approximately $74.8 billion in assets, controlling a substantial portfolio of 670,295 Bitcoin. BlackRock's significant investment reflects a broader trend, with numerous other major players in the traditional finance sector also increasing their Bitcoin exposure, highlighting growing institutional acceptance and demand for the cryptocurrency.