BlackRock's iShares Bitcoin Trust Dominates $56 Billion Market, Fidelity and Grayscale Close Behind

EddieJayonCrypto

 22 Feb 25

tl;dr

BlackRock’s iShares Bitcoin Trust (IBIT) leads the US spot Bitcoin exchange-traded fund (ETF) market, with $56 billion in assets under management (AUM), representing 50% of the total AUM of 12 products. Fidelity’s Wise Origin Bitcoin Fund and Grayscale’s Bitcoin Fund follow with around $20 billion e...

BlackRock’s iShares Bitcoin Trust (IBIT) currently holds the top position in the US spot Bitcoin exchange-traded fund (ETF) market with an impressive $56 billion in assets under management (AUM). This represents a significant 50% share of the total AUM across 12 products in the market. Following closely behind, Fidelity’s Wise Origin Bitcoin Fund and Grayscale’s Bitcoin fund each command a 17.5% market share with around $20 billion AUM each. These figures showcase the immense growth and interest in digital assets among institutional investors.

In addition to the leading trio, Ark 21 Shares’ ARKB has also amassed a substantial $5 billion in assets, solidifying its position in the market. Rounding out the top five is Grayscale’s mini Bitcoin fund, with a noteworthy $4.1 billion AUM. The success of these funds underscores the increasing demand for regulated exposure to Bitcoin within the traditional financial sector, as more institutions seek to diversify their portfolios with cryptocurrency investments.

These ETFs offer investors a convenient way to gain exposure to Bitcoin without the complexities of managing private keys or directly owning the digital asset. By providing a regulated and accessible avenue for investment, these funds play a pivotal role in mainstream adoption of cryptocurrencies.