Blackrock Pins Bitcoin ETF as Major Investment Theme

BlackRock says its spot Bitcoin exchange-traded fund was one of its three biggest investment themes in 2025, putting it alongside Treasury bills and the largest US tech stocks.

The asset manager named its iShares Bitcoin Trust ETF (IBIT) alongside its ETF tracking Treasury bills and another tied to the “Magnificent 7” tech stocks, Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla.

IBIT has attracted more than $25  billion in net inflows this year, ranking sixth among all ETFs and trailing broad index funds, despite the fund delivering a negative return so far for 2025.

Nate Geraci, President of NovaDius Wealth Management, said on Monday that BlackRock naming IBIT’s signals the firm isn’t fazed by Bitcoin’s (BTC) 30% fall from its high set in October.

Bloomberg ETF analyst Eric Balchunas echoed a similar sentiment on Friday, saying if the ETF “can do $25 billion in a bad year, imagine the flow potential in a good year.”

The $25 billion in inflows adds to the roughly $37 billion that IBIT brought in over 2024, bringing its total inflows since launch to $62.5 billion, Farside Investors data shows.