BlackRock’s IBIT ETF: A Rapidly Growing Financial Instrument

BlackRock’s IBIT ETF (Exchange-Traded Fund) is turning heads amid a sustained growth in its net assets, with analysts saying it could reach $100 billion this month.

The financial instrument recently passed as the asset manager’s most profitable ETF, driving more revenue than BlackRock’s S&P 500 fund.

Can BlackRock’s IBIT Reach $100 Billion in Assets in July? Analyst Says Yes

ETF analyst Eric Balchunas stated that BlackRock’s IBIT ETF could reach $100 billion in net assets in July. This optimism stems from consistent positive flows into the ETF as institutional investors seek indirect exposure to BTC via IBIT.

> “I wrote last week that IBIT could hit $100 billion this summer, but hell, could be this month. Thx to recent flows + overnight rally it’s already at $88 billion,” wrote Balchunas.

Data from crypto investment research tool SoSoValue supports this optimistic outlook, showing sustained growth in daily volume for BlackRock’s IBIT ETF. As of July 14, IBIT’s net assets stood at $85.96 billion after consistent positive flows on every trading day since June 9. Instances of negative flows, or outflows, are isolated with none reported in July, reinforcing Balchunas’ assertion that IBIT’s net asset value could hit $100 billion within the month.

Meanwhile, reports indicate that IBIT is BlackRock’s most profitable ETF and the fastest-growing. It surpassed the $80 billion mark on July 11, only 374 days after its launch. Notably, IBIT is the top ETF in revenue metrics, generating $186 million annually and exhibiting reduced volatility, making it nearly as stable as the S&P 500.

IBIT’s growth is closely linked to Bitcoin’s surge, with both assets benefiting mutually. IBIT provides institutional investors with indirect access to Bitcoin through a regulated means, which has contributed to Bitcoin’s price increase. Conversely, rising Bitcoin prices positively impact IBIT’s net assets, attracting more investors, and boosting BlackRock’s assets under management (AuM).

BlackRock Buys $386 Million Worth of Bitcoin

In addition to growing its IBIT ETF, BlackRock recently acquired 3,294 BTC for $386 million, raising its total Bitcoin holdings to 717,388 BTC, valued at approximately $83.86 billion.

Despite BlackRock’s Bitcoin accumulation, it is still nearing Satoshi Nakamoto’s total stash of 1.1 million BTC. Currently, BlackRock is acquiring around 40,000 BTC each month, which positions its IBIT ETF to potentially surpass Satoshi’s holdings by May 2026, just two years post-launch.

> “…IBIT has gobbled up 40k BTC a month (or 1.3k/day) on pace to hit 1.2m in May ’26 (not bad for 2yr old infant),” Balchunas remarked.

For now, IBIT is the youngest among the top 25 largest ETFs globally by assets under management, achieving this distinction 2.1 years after its establishment and 1.6 years since it began trading. Alongside Bitcoin, BlackRock is also increasing its Ethereum (ETH) holdings, with reports indicating recent purchases of 50,970.08 ETH valued at approximately $150 million.