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BlackRock Only Thing Keeping Bitcoin ETFs Afloat, Report Suggests

BlackRock's IBIT dominance continues to grow. | Credit: Stephanie Keith via Getty Images. Key Takeaways BlackRock holds 92.66billioninBTC,morethanhalfofthecombinednetassetsofallU.S.spotBitcoinETFs.Grayscalehasrecorded92.66 billion in BTC, more than half of the combined net assets of all U.S. spot Bitcoin ETFs. Grayscale has recorded 24.62 billion in net outflows since launching in January 2024. Without BlackRock, BTC ETF flows would be running negative overall. U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) have been a roaring success, though mostly for BlackRock, which has been domin ...