Bitcoin News

Story: BlackRock Bitcoin ETF Faces Challenges Due to Stock Correlation

By Evie Vavasseur

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BlackRock’s iShares Bitcoin Trust (IBIT) ETF has had an impressive start since 2024, drawing attention from institutional investors and securing significant growth.

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Bitcoin’s correlation with traditional stock markets presents a unique issue for the IBIT Bitcoin ETF.

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Despite these challenges, IBIT has had a strong showing since its inception. In its first year, it reached $50 billion in assets under management (AUM), a milestone that took the…

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Recent filings from institutional investors show growing interest in IBIT, with 1,100 holders listed in the latest 13F filings.

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Despite its challenges, IBIT remains the largest Bitcoin ETF, holding approximately 2.98% of Bitcoin’s total circulating supply.

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However, the broader Bitcoin ETF market is beginning to show signs of slowing momentum in 2025. Bitcoin ETFs saw their first net outflows last week, totaling over $585 million.

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In summary, while BlackRock’s IBIT Bitcoin ETF has experienced significant early success, the ETF market faces several headwinds in 2025.

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