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BlackRock’s Bitcoin ETF Hits $70 Billion AUM in 341 Days, Holding 661,457 BTC, 5x Faster Than GLD

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Updated Jun 12, 2025, 09:41 AM

BlackRock's Bitcoin ETF, IBIT, has reached $70 billion in assets under management (AUM) in just 341 days, making it the fastest ETF to achieve this milestone in history. This pace is approximately five times quicker than the gold ETF GLD, which took 1,691 days to reach the same level. IBIT currently holds 661,457 bitcoins, valued at approximately $71.9 billion, positioning it as the largest institutional Bitcoin holder. The ETF's rapid growth reflects increasing convergence between traditional finance and the cryptocurrency sector.

U.S. spot Bitcoin ETFs collectively are approaching $1 trillion in trading volume within 18 months, indicating strong Wall Street interest. IBIT's AUM is now about 69% of GLD's total assets, and projections suggest it could surpass Satoshi Nakamoto's estimated 1.1 million BTC holdings by 2026.

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Sources

unchainedcrypto.com coinpost.jp

Crypto.com

@cryptocom

$70B in 341 days. BlackRock’s IBIT bitcoin ETF reached this milestone 5x faster than the previous record held by GLD. Little by little, then all at once.

CoinMarketCap

@CoinMarketCap

🚨 CMC News: $BTC ETF Crushes Gold Record as BlackRock IBIT Hits $70 Billion