Bitcoin ETFs surpass $125B, BlackRock's IBIT ranks 31st worldwide

The US spot Bitcoin exchange-traded funds (ETFs) have crossed a significant milestone, showcasing growing institutional adoption for the world’s first cryptocurrency. Collectively, the spot Bitcoin ETFs surpassed $125 billion in holdings on Jan. 30, accounting for over 6.05% of the current BTC supply, Dune data shows.The milestone comes just over a year after they first debuted for trading on Jan. 11, 2024.The spot Bitcoin ETFs amassed $4.2 billion worth of inflows from Jan. 1 to 24 alone, accounting for over 6% of all ETF inflows — according to Eric Balchunas, senior ETF analyst at Bloomberg. He added:“The spot bitcoin ETFs quietly on fire to start year, with $4.2b in flows which is 6% of all ETF flows. […] For context they just passed ESG ETFs in assets ($117b) and have about same as gold spot.”ETF investments were a significant element in Bitcoin’s 2024 price rally, accounting for about 75% of new investment when it recaptured the $50,000 mark on Feb. 15, less than a month after the ETFs’ debut.BlackRock’s IBIT becomes world’s 31st-largest ETFBlackRock, the world’s largest asset manager, controls the largest Bitcoin ETF by assets under management, worth over $58 billion. The fund accounts for over 46.4% of the market share among all US Bitcoin ETFs.BlackRock’s fund grew to become the world’s 31st-largest ETF among all ETFs, including crypto and traditional finance products, according to data from VettaFi.BlackRock’s ETF amassed over $321 million worth of Bitcoin on Jan. 30, accounting for over 54% of the day’s $588 million cumulative net inflows, Farside Investors data shows.Despite concerns over a short-term dip to $96,000, many analysts believe Bitcoin’s trajectory remains optimistic for the rest of 2025.The growing Bitcoin ETF milestones and BlackRock’s growing fund may propel Bitcoin to $200,000 during 2025, according to Ryan Lee, chief analyst at Bitget Research.Lee told Cointelegraph:“Long-term projections suggest sustained growth, with some forecasts placing Bitcoin’s value at $200,000 by 2025.”However, Bitcoin’s price remains sensitive to economic developments, and more delays in a potential US Federal Reserve interest rate cut could introduce downside pressure.