Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
BlackRock’s Bitcoin ETF Now Holds 3% of Total Supply

BlackRock’s Bitcoin ETF Now Holds 3% of Total Supply

TheccpressTheccpress2025/06/20 19:16
By:in Bitcoin News
Key Points:
  • 3.25% of Bitcoin supply held by BlackRock ETF.
  • Significant market influence from institutional adoption.
  • Potential shifts in crypto market due to ETF activity.
BlackRock’s iShares Bitcoin Trust Exerts Significant Influence in Bitcoin Market

Market observers are discussing how BlackRock’s substantial Bitcoin holdings reshape institutional involvement in cryptocurrency, impacting market concentrations and price dynamics.

BlackRock’s iShares Bitcoin Trust, under Larry Fink’s leadership, has acquired 683,017.5 BTC, a volume equating to over $71 billion in current market valuation. Larry Fink has pushed both traditional ETFs and new crypto offerings forward. BlackRock’s Bitcoin assets are managed by Coinbase Custody, ensuring security through robust cold storage methods.

“Spot Bitcoin ETFs could collectively hold more Bitcoin than the amount attributed to Bitcoin’s creator, Satoshi Nakamoto, within a year. Crypto ETFs take up 1 percent of the assets but 50 percent of my mind.” – Eric Balchunas, Senior ETF Analyst, Bloomberg

The strategic accumulation has exerted notable pressure on Bitcoin’s spot market, prompting a rise in institutional inflows. Despite recent profit-taking by some institutions, nearly 23% of U.S. Bitcoin ETF assets remain institutionally held. Regulatory environments facilitated by SEC approval have further propelled ETF popularity.

Analyst Eric Balchunas noted U.S. spot Bitcoin ETFs could soon hold more BTC than Satoshi Nakamoto’s estimated reserves. This marks an era of fresh corporate involvement in the digital asset realm, changing the dynamic between centralized entities and decentralized assets. Reports highlight potential financial shifts as ETF dominance grows, with ongoing comparisons to historical ETF growth, notably SPDR’s gold shares.

As BlackRock and other ETFs accumulate large BTC volumes, stakeholders are closely monitoring the ramifications on supply distribution. There is dialogue within the crypto community about the impact on traditional HODLing culture. Attention continues to focus on how ETF investors, less prone to panic selling, will influence wider economic patterns.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!