BlackRock Bitcoin ETF IBIT surpasses 800,000 BTC in assets under management; about 5.8 trillion won net inflow over a week

The world's largest asset manager BlackRock's spot Bitcoin exchange-traded fund (ETF) IBIT has surpassed 800,000 BTC (about 97 trillion won) in assets under management. Also, $4 billion (about 5.68 trillion won) flowed in over the past week alone.

On the 9th (local time), according to crypto-focused media The Block, IBIT held 798,747 BTC as of the 7th, and a day later a net inflow of $342.6 million (about 3,510 BTC) occurred, bringing the total to 802,257 BTC. IBIT's assets under management correspond to about 3.8% of Bitcoin's total supply (21 million BTC).

This places IBIT far ahead of Michael Saylor's MicroStrategy (holding 640,000 BTC) in terms of Bitcoin holdings. BlackRock's total assets under management have exceeded $100 billion (about 142 trillion won), and for eight consecutive trading days U.S. spot Bitcoin ETFs as a whole have absorbed more than $5.7 billion.

Timothy Misir, head of BRN Research, said, "ETF net inflows show the persistence of structural demand," and "with geopolitical uncertainty easing after the Middle East peace framework mediated by President Trump, stable conditions for market gains have been established for the fourth quarter."

Eric Balchunas, a Bloomberg ETF analyst, wrote on X (formerly Twitter) that "IBIT ranked first in weekly net inflows among all ETFs," and "all the other 11 spot Bitcoin ETFs also saw inflows. Even GBTC recorded net inflows."

Spot Bitcoin ETFs have received a total of $5.3 billion (about 7.53 trillion won) over the past seven trading days, of which IBIT accounted for more than $4 billion.