Key Notes
- Institutional interest in IBIT continues to grow, with a 19% increase in institutional holders during Q1 2025.
- Key players include Goldman Sachs as the largest IBIT holder and Abu Dhabi’s Mubadala with $408.5 million worth of shares.
- Bitcoin price, buoyed by institutional activity, is up 2% today, targeting a breakout above $104.9K, and further to new all-time highs.
BlackRock Bitcoin ETF (IBIT) continues to dominate US ETF inflows while scooping an additional 3975 Bitcoin worth $410 million on Thursday. IBIT has been dominating he entire US Bitcoin ETF market single-handedly with $45.4 billion in inflows since inception, highlighting strong institutional demand. BTC
BTC
$96 611
24h volatility:
2.1%
Market cap:
$1.92 T
Vol. 24h:
$29.09 B
price is up 2% once again today, eyeing a potential breakout above $104K, and hitting fresh all-time highs.
Blackrock bitcoin etf (ibit) hits new milestones
On Thursday, BlackRock Bitcoin ETF (IBIT) was the only US ETF to see mammoth inflows of $410 million. On the other hand, Fidelity’s FBTC saw $123 million in outflows, Ark Invest’s ARK saw $132 million of outflows, while Grayscale’s GBTC saw $32 million in outflows, as per data from Farside Investors.
🚨 BLACKROCK BUYS 3975 BITCOIN
FOLLOW THE MONEY 🚀🚀 pic.twitter.com/5YHbh5BODU
— Thomas Fahrer (@thomas_fahrer) May 16, 2025
According to crypto trader “Trader T,” institutional activity around IBIT has shown mixed signals during Q1 2025.
- Increase in holders: The number of institutional holders rose by 19%, signaling growing interest in the asset among institutional investors.
- Decline in ownership percentage: Despite the rise in holders, overall institutional ownership dropped to 25%, down from 30% in the previous quarter.
Trader T noted that while the decrease in ownership percentage might raise concerns, preliminary data for Q2 suggests a potential recovery.
$IBIT Institutional Ownership – Q1 2025 Overview
– Number of institutional holders increased by 19%
– Institutional ownership decreased to 25%, down from 30%
(Based on current insights, Q2 is expected to show improvement—no cause for concern.) https://t.co/kDCScJvCWI pic.twitter.com/5T7C08RRIn— Trader T (@thepfund) May 16, 2025
In the latest disclosure and 13F filing, the Wisconsin Investment Board has fully liquidated its holdings in the BlackRock Bitcoin Spot ETF (IBIT) during the fiscal quarter ending in March. The original investment was valued at approximately $321 million. On the other hand, banking giant Goldman Sachs is the largest holder of IBIT at this moment.
At the same time, Abu Dhabi’s sovereign wealth fund, Mubadala, has revealed its ownership of 8,726,972 shares in BlackRock’s IBIT, valued at $408.5 million. Over the past month, following massive inflows, IBIT share price has staged a strong recovery with 22% gains.
Btc price eyes moves to all-time highs
Prominent crypto trader Captain Faibik highlighted Bitcoin’s bullish momentum, noting that buyers remain firmly in control. He emphasized that clearing the key resistance level at $104.9K is critical to confirming a breakout and paving the way for a new all-time high (ATH).
$BTC Bulls are in complete Control..📈
Bulls need to clear the 104.9k Resistance to confirm the breakout and open the doors to a new ATH..#Crypto #Bitcoin #BTC pic.twitter.com/p3xiUuWbmR
— Captain Faibik 🐺 (@CryptoFaibik) May 16, 2025
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Ticker: BTCBULL
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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
