Bitcoin, BlackRock and 500 ETF
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BlackRock’s IBIT ETF could hit $100 billion in assets this month, driven by institutional flows and Bitcoin's rise.
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Cryptopolitan on MSNBlackRock Bitcoin ETF becomes fastest in history to reach $80B AUMBlackRock’s iShares Bitcoin Trust (IBIT) became the fastest ETF in history to reach $80 billion in assets under management.
Bloomberg analyst Eric Balchunas is tipping BlackRock's Bitcoin ETF to clinch $100B in assets under management before the end of July.
Bitcoin has surged over 25% year-to-date, reaching record highs above $122,000, fueled by massive inflows from Wall Street, including $85 billion from new Bitcoin ETFs over the last year or so. The influx of traditional capital is also reducing Bitcoin’s volatility. The declining value of the U.S. dollar is helping too.
Firms like GameStop and Trump Media are following the Michael Saylor playbook and treating bitcoin as a strategic reserve.
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Vanguard has long criticized Bitcoin, yet now holds the largest institutional stake in Strategy —a company known for its massive BTC holdings.
Chicago, IL – July 15, 2025– Today, Zacks Investment Ideas feature highlights Coinbase Global COIN, Galaxy Digital GLXY, BlackRock's BLK, iShares Bitcoin ETF IBIT, Robinhood HOOD, Interactive Brokers IBKR and Alphabet's GOOGL.
Three firms manage more than 85% of all crypto ETF assets under management, totaling approximately $123 billion.