BlackRock’s spot Bitcoin ETF, IBIT, has surpassed $100 billion in assets under management in less than two years since its launch, according to a statement from CNBC.
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This number marks one of the fastest gains for an ETF in recent memory. It will also place the world’s largest asset management company at the center of institutional investors’ Bitcoin holdings.
BlackRock currently holds a large share of Bitcoin supply
According to reports, BlackRock holds 804,944 BTC. At current lower market levels, that stash is worth nearly $90 billion. When Bitcoin hit an all-time high last week, the same holdings were worth more than $100 billion.
BlackRock’s position represents 3.83% of Bitcoin’s total supply. For comparison, according to available figures, Strategy (formerly MicroStrategy) owns 640,250 BTC, or 3.048% of the supply.
These numbers show how ownership of Bitcoin is shifting to large financial firms as ETFs and other products bring new capital to the crypto market.
Tokenization push adds new dimension
Larry Fink told viewers that the company is accelerating its transition to digital assets and that tokenization will be used for a wide range of investments, from real estate to bonds.
BlackRock also manages an Ethereum portfolio worth more than $17 billion. The company says it has launched tokenized money market instruments, and one of its products, called BUIDL, has become the largest tokenized cash money market fund.
With approximately $4 trillion reportedly sitting in digital wallets around the world, BlackRock sees an opportunity to reach investors who prefer digital channels.
The institutional shift in ownership is clear.
According to the report, IBIT’s rapid growth has changed the balance of large holders. Where once ownership was dominated by corporate treasuries and early adopters, institutional investors now control that share.
It’s about liquidity and how much of an impact it has on the market when large capital inflows or outflows occur. It would also shift some of the power over market behavior to managers who must answer to customers and regulators.
Bitcoin price and market situation
Based on market updates, Bitcoin fell below $112,500 on Wednesday. New headwinds such as the U.S.-China trade war and the temporary U.S. government shutdown have contributed to weaker sentiment, slowing price movements after recent gains.
Analysts say there could be buying opportunities in the coming weeks as funding and persistent markets calm down. Institutional inflows into ETFs like IBIT will be closely monitored as this could tip short-term demand.
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What does this mean going forward?
BlackRock’s move signals a larger reality: digital assets are now part of mainstream finance. Mr. Fink’s change in tone (from cautious to aggressive investing) reflects that shift.
The presence of large managers holding hundreds of thousands of BTC and the rise of tokenized products will impact how investors view their crypto exposure.
Featured image from Michael Nagle/Bloomberg/Getty Images, chart from TradingView
