BlackRock Clients Flood $183M into Bitcoin Through iShares ETF
BlackRock's clients have continued to pour money into Bitcoin through the iShares Bitcoin Trust (IBIT), with a recent purchase of $183.41 million adding to the firm's impressive streak of nine-figure inflows this year.
This latest transaction is not an isolated incident, but rather part of a larger trend that has seen institutional investors flocking to regulated vehicles like IBIT to invest in Bitcoin.
Since January 5, when BlackRock clients acquired 3,948 BTC for $372 million, the firm's clients have purchased over $700 million worth of Bitcoin through IBIT alone across just a handful of days in July.
This surge in institutional investment has pushed BlackRock's total holdings under its custodianship to over 734,000 BTC by mid-July, with IBIT maintaining an estimated 50-60% market share of all spot Bitcoin ETF assets in 2026.