BitSky000

06/13 13:39

BlackRock's Bitcoin ETF joins prestigious ranking

BlackRock's Bitcoin ETF joins prestigious ranking

BlackRock's iShares Bitcoin Trust (IBIT) is quickly becoming a dominant force among cryptocurrency-related investment vehicles.

The fund has ranked among the top 15 most traded ETFs of 2025, currently ranked 13th — just behind high-performing fund SOXL. While SPY maintains its long-standing lead, IBIT’s rise has highlighted the growing interest of institutional investors in direct exposure to Bitcoin.

In line with this trend, BlackRock has been actively adjusting its BTC positions. In June alone, the company acquired over $930 million worth of BTC, offset by around $260 million in liquidations. These moves suggest active portfolio management rather than volatility, with the company still demonstrating strong net accumulation.

Bitcoin’s price has reflected this activity with volatility. After peaking near $111,800 in late May, it fell to $100,000 before recovering to around $107,000. Despite the short-term volatility, the asset remains up 5% for the month and over 60% since June 2024. Technical analysts have identified the $110,000 level as key resistance; a breakout could set off a new rally.

Changelly’s forecast puts Bitcoin at a potential $120,900 by early July, a 12% increase from current prices. With institutions like BlackRock continuing to inject capital and retail investors slowly returning to the market, momentum could accelerate quickly.

The broader takeaway? The growing integration of BTC into traditional finance is transforming the way the market operates. Once driven primarily by retail investor enthusiasm, sentiment is now shifting toward structured, strategic investments, paving the way for a more mature and sustainable crypto environment.

#Check In Daily, Win Prizes Daily — Join the Fun!#Share Your Thoughts on Popular Assets in June#Claim1,200 USDT in the Monthly Creation Challenge

15Share