BlackRock’s Bitcoin ETF IBIT Surpasses 700,000 BTC With 82.67% Return

BlackRock’s Bitcoin ETF (IBIT) achieved a significant milestone on July 7, 2025, surpassing 700,000 BTC. This accomplishment was driven by a substantial inflow of $164.6 million, pushing the fund’s total holdings to over $75.5 billion in value. The fund, managed in the United States, has seen remarkable growth attributed to strong demand for ETFs and increasing corporate treasury activity.

Thomas Fahrer, a co-founder at Apollo, reported the 700,307 BTC holding in IBIT, confirming the fund’s rapid accumulation. BlackRock, the issuer of IBIT, had previously reported 698,919 BTC as of the last Thursday, indicating an addition of 1,388 BTC in just two days. This rapid growth has positioned IBIT as the most successful Bitcoin ETF in the U.S., accounting for more than 55% of U.S. spot Bitcoin ETFs since its launch in January 2024. The fund has achieved an impressive return of 82.67%, reflecting broader demand for regulated Bitcoin exposure.

Data from Farside Investors showed a $6.2 million inflow on July 7 alone, with steady BTC accumulation. The cumulative flows have been climbing since the ETF’s introduction, suggesting a growing institutional interest in Bitcoin. The limited supply of Bitcoin and the consistent outpacing of available monthly supply by ETF and treasury purchases have been key factors in IBIT’s expansion. Miner issuance was recorded at $7.85 billion in 2025, while ETF and treasury purchases reached $28.22 billion, indicating a significant demand from large buyers.

Anthony Pompliano, a known market analyst, reacted to the IBIT milestone on social media, stating that IBIT had earned more revenue than BlackRock’s S&P 500 ETF. This statement, though lacking specific figures, suggested a potential shift in institutional strategy towards digital asset products. The success of IBIT may indicate growing investor confidence in Bitcoin as part of a diversified portfolio, aligning with recent trends where the ETF’s performance has surpassed many traditional fund benchmarks.

The growth of Bitcoin ETFs and corporate treasury accumulation has significantly influenced Bitcoin’s supply trends. Entities such as BlackRock and Strategy have played key roles in this shift, with Strategy, led by Michael Saylor, continuing to acquire large amounts of BTC. Together with ETF funds, their purchases have exceeded miner issuance nearly every month. This trend, documented by Galaxy Research and Farside Investors, has highlighted a clear imbalance between supply and demand, signaling institutional confidence in Bitcoin. The ongoing interaction between ETF accumulation and miner output will continue to guide Bitcoin’s supply dynamics, with analysts suggesting that the pattern could persist if current buying rates hold steady.