Bitcoin News Today: BlackRock Bitcoin ETF Surpasses $91.06 Billion in AUM

BlackRock’s Bitcoin ETF has achieved a historic milestone, reaching $91.06 billion in assets under management, making it the largest U.S. spot Bitcoin ETF to date [1]. The fund recorded $58.04 billion in cumulative net inflows as of August 13, demonstrating sustained demand from both institutional and retail investors [1]. Despite experiencing no inflows on that specific day, the ETF’s share price closed at $69.84, trading at a 0.57% premium to its net asset value [1]. The ETF’s growing market presence is further underscored by its ownership of 3.72% of the total Bitcoin supply, reinforcing its leadership in the sector [1].

The fund’s success is part of an ongoing trend of institutional-grade exposure to Bitcoin, with BlackRock’s ETF having launched in January 2024 and quickly amassing over $5 billion in net inflows during its first month [1]. By mid-July 2025, it had recorded $80 billion in cumulative net inflows, significantly outpacing all other U.S. Bitcoin ETFs [1]. Fidelity’s FBTC, the nearest competitor, holds $24.77 billion in assets, while Grayscale’s GBTC, despite holding $22.18 billion, has faced $23.72 billion in cumulative outflows since its launch [1].

The ETF’s growth has been supported by rising Bitcoin prices, which reached an all-time high near $124,000 in early August, fueled by expectations of a U.S. rate cut [1]. However, subsequent data showing higher-than-expected inflation caused Bitcoin to drop below $118,000, resulting in over $1 billion in crypto liquidations within 24 hours [1]. Despite the volatility, BlackRock’s ETF has maintained a strong market position, with its valuation adjusting in line with Bitcoin’s price movements [1].

The ETF’s regulated structure and transparent exposure to Bitcoin have made it an attractive option for investors wary of the complexities and risks associated with direct cryptocurrency ownership. Analysts have noted that the fund’s continued success will depend on broader macroeconomic trends, regulatory clarity, and investor sentiment toward digital assets [1]. While the fund’s dominance reflects a high level of trust, questions remain about its ability to sustain the same pace of inflows as the market becomes more competitive and potentially saturated.

Source:

[1] BlackRock Bitcoin ETF Shatters $90B Record: But Can It Hold the Lead?

https://blockonomi.com/blackrock-bitcoin-etf-shatters-90b-record-but-can-it-hold-the-lead/