Key Highlights
- BlackRock’s iShares Bitcoin Trust (IBIT) attracted over 505 million in net inflows between July 14 and July 20.
- BlackRock added approximately $500 million worth of BTC over the past five days without recording any sales.
- IBIT’s Bitcoin holdings have grown to more than 738,000 BTC, valued at roughly $49.16 billion.
BlackRock’s iShares Bitcoin Trust (IBIT) continued to attract investor capital between July 14, 2026, and July 20, 2026, recording cumulative net inflows of $505 million during the period. The ETF posted an average daily inflow of about $96 million this month, reflecting steady demand for spot Bitcoin exposure.
According to Farside data, IBIT recorded daily inflows of 138.9 million, 80.8 million, 33.4 million, 136.5 million, and 116.5 million between July 14 and July 20.
IBIT keeps adding Bitcoin
The continued inflow comes as BlackRock has continued adding to its Bitcoin holdings, transferring approximately $500 million worth of BTC to IBIT over the past five days without recording a single sale.
According to Arkham data, BlackRock currently holds about 738K BTC valued at $49.16 billion. The firm’s move has increased the trust’s Bitcoin holdings, while its overall portfolio exceeds $54.7 billion.
On-chain and ETF flow data show multiple large additions routed through Coinbase Prime, with several 300 BTC transactions attributed to BlackRock in recent days.
Data from the iShares Bitcoin Trust (IBIT) purchase history also shows continued net accumulation through mid-July 2026. The latest purchase was made on July 17, 2026, adding $116 million in Bitcoin, bringing IBIT’s Bitcoin holdings to 737,412.7 BTC. While some days showed minor reductions, the overall five-day trend reflects aggressive buying.
This accumulation aligns with broader institutional interest in Bitcoin as a core asset. BlackRock’s IBIT, one of the largest spot Bitcoin ETFs, continues to attract substantial inflows. BlackRock’s ETF portfolio also includes exposure to Ethereum and other assets, but Bitcoin remains the dominant holding.
BTC remains in uptrend
Bitcoin is currently trading at $66,515, up 1.73% in the last 24 hours with positive momentum, according to CoinMarketCap. The price broke above $66,000 and reached an intraday high near $66,910, signaling bullish short-term sentiment. 24-hour trading volume stands at a healthy $29.68 billion.
On a weekly basis, BTC has gained 2.78%, recovering from recent consolidation. However, the cryptocurrency remains approximately 47% below its all-time high of $126,198 recorded in October 2025. Market capitalization sits at $1.33 trillion, with a fully diluted value of $1.39 trillion. The price action shows a clear uptrend throughout the day with a minor pullback in the evening.
BlackRock reports strong Q2 2026
BlackRock reported record assets under management (AUM) of $15.34 trillion in the second quarter of 2026, marking a 22% increase from the same period last year. Despite outflows of approximately $3.3 billion from its flagship spot Bitcoin ETF (IBIT) during the quarter, the firm reported overall growth.
The firm posted total net inflows of $191.7 billion, with long-term net inflows reaching $199.1 billion. Revenue grew 31% year-over-year to $7.08 billion, while GAAP net income stood at $1.91 billion. Diluted earnings per share came in at $12.19, or $13.91 on an adjusted basis, both beating prior-year figures.
Risks still remain
Despite continued inflows and BlackRock’s recent Bitcoin purchases, concentration risk remains a consideration. Large institutional holdings could influence market liquidity and price dynamics, particularly during periods of elevated volatility.
In addition, regulatory uncertainty surrounding spot Bitcoin ETFs and digital asset custody continues to present risks for the broader market. As with other crypto investments, Bitcoin remains subject to significant price fluctuations.
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