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Benzinga
Benzinga
Business
Chandrima Sanyal

IBIT Ignites ETF Mania: How BlackRock Fund Turned Bitcoin Into $24B Investor Magnet

BlackRock IBIT ETF Bitcoin iShares Crypto
BlackRock

In 2025's ETF frenzy, no one's pulling in money quite like BlackRock's iShares. Its Bitcoin fund has turned crypto curiosity into a multi-billion stampede.

The iShares Bitcoin Trust (NASDAQ:IBIT), which debuted in 2024, has attracted a whopping $24 billion and counting this year so far, placing it among the top five ETFs by inflows. For a digital-asset fund in what was once a fringe market, that’s as good as a Wall Street conversion story.

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