BlackRock Bitcoin ETF Hits Record $91 Billion as Market Volatility Persists

• BlackRock’s Bitcoin ETF reached a record $91.06 billion in assets, leading all competitors by a wide margin. 

• After hot inflation data spooked traders, Bitcoin hit new highs near $124,000 but dropped below $118,000. 

• The market selloff caused over $1 billion in crypto liquidations within 24 hours.

BlackRock’s Bitcoin ETF (IBIT) has achieved a milestone $91.06 billion in assets under management, establishing itself as the undisputed leader among U.S. spot Bitcoin exchange-traded funds. The fund’s remarkable performance continues despite recent market turbulence that saw Bitcoin retreat from record highs.

According to SoSoValue data, IBIT recorded cumulative net inflows of $58.04 billion through August 13. The ETF closed at $69.84 per share, maintaining a 0.57% premium to its net asset value. The fund now controls 3.72% of Bitcoin’s total supply, reinforcing its dominant market position.

Record-Breaking Growth Since Launch

IBIT has demonstrated exceptional growth momentum since its January 2024 debut. The fund attracted over $5 billion in net inflows during its first month, surpassing all other U.S. ETFs launched that year. By mid-July 2025, cumulative inflows had reached $80 billion, cementing its leadership position.

The ETF’s latest achievement of $91.06 billion in assets represents unprecedented success in the cryptocurrency investment space. On August 13, IBIT held 54.82 million shares with a total value of $3.79 billion. This consistent growth reflects strong institutional and retail investor demand for regulated Bitcoin exposure.

BlackRock’s Bitcoin ETF reaches $91.06B in AuM.

Competing Bitcoin ETFs trail significantly behind BlackRock’s offering. Fidelity’s FBTC ranks second with $24.77 billion in assets and $12.07 billion in net inflows. Grayscale’s GBTC manages $22.18 billion despite experiencing $23.72 billion in outflows. Ark Invest’s ARKB oversees $5.58 billion, while Bitwise’s BITB holds $5.02 billion.

Market Volatility Tests Bitcoin’s Rally

Bitcoin’s price action has directly influenced ETF performance throughout 2025. The cryptocurrency reached a new all-time high near $124,000 on Wednesday, driven by expectations of a 25 basis point Federal Reserve rate cut. Traders had heavily positioned for monetary easing policies.

However, the rally reversed sharply following the release of July’s Producer Price Index data. The hotter-than-expected inflation figures triggered a sell-off that pushed Bitcoin below $118,000. The sudden downturn eliminated over $930 million in leveraged positions and caused over $1 billion in cryptocurrency liquidations within 24 hours.

The market correction highlights the ongoing sensitivity of Bitcoin and related investment products to macroeconomic data. Despite this volatility, BlackRock’s IBIT attracts capital from investors seeking cryptocurrency exposure through traditional financial markets.

The ETF’s success demonstrates growing institutional acceptance of Bitcoin as an asset class. BlackRock’s platform provides investors regulated access to cryptocurrency markets without direct ownership complications. This approach has proven particularly attractive to institutional investors who require compliance with traditional investment frameworks.