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▲ BlackRock, Bitcoin (BTC), Ethereum (ETH)/AI-generated image
BlackRock's spot Bitcoin ETF has surpassed 800,000 units in holdings, setting a new milestone for the institutionalization of virtual assets. As Bitcoin prices show a strong trend around the $78,000 mark, institutional capital inflow is accelerating.
According to cryptocurrency media outlet BeInCrypto on April 22 (local time), BlackRock's iShares Bitcoin Trust (IBIT) currently holds 806,700 BTC. The asset value amounts to approximately $63.7 billion. IBIT has recorded net inflows for 9 consecutive trading days recently. During this period alone, it secured an additional approximately 21,500 BTC.
IBIT currently dominates 49% of the U.S. spot Bitcoin (BTC) ETF market share. This figure overwhelms Fidelity and Grayscale. Net inflows occurred on 48 out of 62 total trading days in Q1 2026. The inflow for that quarter alone reached approximately $8.4 billion. Notably, on April 15, it attracted $291.9 million in a single day, boosting buying momentum.
Despite the massive asset manager's surge, Strategy holds the top spot for single-company holdings. Strategy, led by Chairman Michael Saylor, currently holds 815,061 BTC. On April 13, it invested approximately $1 billion to acquire a large quantity of 13,927 BTC. The difference in holdings between the two institutions is approximately 8,300 BTC.
To expand its product lineup, BlackRock recently submitted amended filings to the Securities and Exchange Commission for the launch of a Bitcoin Income ETF. The ticker symbol is BITA. It is structured to generate profits through a covered call strategy linked to IBIT. As institutional investors' options widen, the absorption of Bitcoin's circulating supply is expected to accelerate.
The spot Bitcoin ETF market has successfully rebounded after four months of capital outflows. Approximately $2 billion has newly flowed into the market over the past four weeks. IBIT accounts for $1.7 billion of this, leading the overall bull market. As large capital preempts Bitcoin holdings, the scarcity value within the market is expected to increase further.
*Disclaimer: This article is for investment reference only and does not take responsibility for investment losses based on it. The content should be interpreted for informational purposes only.*
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