BlackRock spot Bitcoin ETF IBIT on homepage with T-bills and Magnificent 7

The asset manager, which oversees about $13.5 trillion, grouped IBIT with an iShares ETF that tracks short-dated U.S. Treasuries and another that targets Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla. The placement comes as markets look toward 2026 and follows a year in which BlackRock has leaned into Bitcoin and crypto-adjacent products across its lineup.

IBIT has brought in more than $25 billion of net inflows in 2025, ranking sixth among all exchange-traded funds, according to figures cited in the release. The fund has posted a negative return year to date, but flows have remained resilient. Nate Geraci, president of NovaDius Wealth Management, wrote that the prominent placement signals BlackRock is not deterred by a roughly 30% drawdown from Bitcoin’s October peak.

Bloomberg ETF analyst Eric Balchunas made a similar point in a recent post, arguing that $25 billion of inflows in a down year implies larger potential demand when market conditions improve. Farside Investors data show IBIT attracted about $37 billion in 2024, taking total net inflows since launch to roughly $62.5 billion. That cumulative figure is more than five times the net inflows of the next-largest U.S. spot Bitcoin ETF, Fidelity’s Wise Origin Bitcoin Fund (FBTC).

BlackRock has also broadened its crypto ETF pipeline. The firm filed in September to register a Bitcoin Premium Income ETF designed to generate income by selling covered call options on Bitcoin futures. On the Ethereum side, BlackRock’s iShares Ethereum Trust (ETHA) has drawn more than $9.1 billion of inflows in 2025, lifting total net inflows to about $12.7 billion, and the firm filed in November for an iShares Staked Ethereum ETF after initially launching ETHA without staking. BlackRock has not joined the recent wave of U.S. listings for other crypto-linked products, including spot ETFs tied to assets such as Litecoin, Solana and XRP.

As GNcrypto reported earlier, BlackRock chief executive Larry Fink described Bitcoin as an “asset of fear” at The New York Times DealBook Summit in New York, outlining his shift from earlier skepticism to overseeing the largest U.S. spot Bitcoin ETF in the iShares Bitcoin Trust. Fink cautioned that Bitcoin’s volatility makes it unsuitable for many short-term traders and noted that flows in IBIT can swing sharply, including heavy redemptions in November 2025 and renewed inflows at the start of December as risk appetite stabilized.