BlackRock’s iShares Bitcoin Trust (IBIT) has accumulated a record-breaking total of 806,700 bitcoin (BTC) valued at around USD 63.7 billion or IDR 1.097 trillion. This marks the highest ever total for BlackRock’s bitcoin Exchange Traded Fund (ETF), following nine consecutive days of net inflows. The institutional demand for regulated bitcoin exposure continues to grow as BTC trading approaches USD 78,000.
BlackRock Fund currently controls about 49% of the total assets of US Bitcoin spot ETFs, surpassing Fidelity’s FBTC and Grayscale’s GBTC. The ETF recorded net inflows on 48 out of 62 trading days during the first quarter of 2026, totaling around USD 8.4 billion or IDR 144.7 trillion.
The pace of purchases increased in mid-April, with IBIT withdrawing USD 291.9 million on April 15 and USD 269.3 million on April 10. This sustained demand has pushed total ownership past 800,000 BTC for the first time. On a broader scale, US Bitcoin spot ETFs have reversed capital outflows for four months, collecting around USD 2 billion over four consecutive weeks with positive net inflows, where IBIT contributed approximately USD 1.7 billion in total.
Despite IBIT setting records, it is no longer the largest corporate Bitcoin holder. MicroStrategy Inc. recently surpassed the ETF with 815,061 BTC on its balance sheet, regaining the lead lost in the second quarter of 2024.
