BlackRock Bitcoin ETF (IBIT) Scoops A Massive 56,793 Bitcoins in May

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BlackRock’s Bitcoin Bonanza: Who Needs a Treasure Map? 🏴‍☠️💰

Ah, the illustrious BlackRock Bitcoin ETF (IBIT) has burst onto the cryptocurrency scene this May, snatching up a staggering 56,7983 Bitcoins! That’s right, folks, a whopping $5.95 billion in monthly inflows, making it the second-highest in history. Who knew that buying digital gold could be so lucrative? 💸

With these jaw-dropping inflows, the BlackRock iShares Bitcoin Trust now boasts a total of 660,842 Bitcoins, amassing a grand total of $69.6 billion in assets under management. Talk about a piggy bank! 🐷💵

Just to put things in perspective, back in April, BlackRock’s IBIT had a mere 28,011 Bitcoins in net inflows. But lo and behold, May saw those numbers double! After 31 days of relentless inflows since mid-April, BlackRock’s IBIT also experienced over $410 million in outflows. A classic case of “you win some, you lose some.” 🎢

Nate Geraci, President of the ETF Store, couldn’t help but comment on this meteoric rise: “The iShares Bitcoin ETF’s no-outflows streak has come to an end…$400+ million exits the fund. What a run over the past 30+ days though! IBIT is now pushing $70 billion in assets, all in less than 17 months since its launch.” Talk about a rollercoaster ride! 🎢

Meanwhile, the inflows across all US Bitcoin ETF issuers have remained robust since mid-April, as Bitcoin’s price bounced back from its lows under $65,000 on “Liberation Day” to soar to an all-time high of over $111,000. Who needs a superhero when you have Bitcoin? 🦸‍♂️

Bitcoin ETFs Face Competition From Publicly Traded Companies in BTC Accumulation

But wait, there’s more! Publicly traded companies are stepping up their game, becoming the new heavyweights in Bitcoin accumulation, outpacing spot ETFs in BTC acquisitions over the past three quarters, according to data from ecoinometrics. Who knew corporate giants could be so sneaky? 🤫

Public companies are starting to outpace ETFs in Bitcoin accumulation.

Over the past three quarters, they’ve added more BTC to their balance sheets than the spot ETFs.

MicroStrategy is by far the largest corporate accumulator. But more and more public companies are following…

— ecoinometrics (@ecoinometrics) May 30, 2025

Leading this charge is none other than Michael Saylor’s MicroStrategy (MSTR), the reigning champion of corporate Bitcoin holders. But don’t count out the little guys! Smaller public companies like Japan’s Metaplanets and Semler Scientific are also jumping on the Bitcoin bandwagon, increasing their Bitcoin Treasury significantly over the past few months. It’s a Bitcoin party, and everyone’s invited! 🎉

Unlike the often wild and unpredictable flows associated with ETFs, corporate treasury acquisitions are marked by their consistency and resilience. These companies are like disciplined students, acquiring Bitcoin without being swayed by the whims of price fluctuations. 📚

Will BTC Price Drive Inflows Going Ahead?

After reaching the dizzying heights of $111K, BTC has taken a bit of a breather, currently trading at $103,507 as bearish sentiment grips the market. The flow trajectory into Bitcoin ETFs has also reversed, indicating that institutional capital for fresh investments is dwindling. Unless the bulls come charging back, the demand for ETF products might just be taking a nap. 🐂💤

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2025-05-31 18:44