tl;dr
Investment management firm BlackRock made a significant move last week, purchasing $1 billion worth of Bitcoin (BTC), bringing their total Bitcoin investments to $60.6 billion. This purchase, the largest of 2025, increased BlackRock's total holdings to 572,616 Bitcoins, equivalent to 2.7% of the tot...
Investment management firm BlackRock made a significant move last week, purchasing $1 billion worth of Bitcoin (BTC), bringing their total Bitcoin investments to $60.6 billion. This purchase, the largest of 2025, increased BlackRock's total holdings to 572,616 Bitcoins, equivalent to 2.7% of the total BTC supply.
BlackRock's iShares Bitcoin ETF (IBIT) also showed strength, recording a net inflow of $155.69 million on January 24, with cumulative inflows reaching $39.73 billion.
CEO Larry Fink has predicted that widespread adoption could drive Bitcoin prices to unprecedented levels, ranging between $500,000 and $700,000 per BTC. Despite BlackRock's bold moves, Bitcoin's price experienced a 5.6% decline, trading at $99,090 at the time of writing.
Investment manager BlackRock purchased $1 billion worth of Bitcoin (BTC) last week, bringing the total market value of its Bitcoin investments to $60.6 billion. This milestone was significantly influenced by its largest Bitcoin purchase of 2025, made on January 22.
According to the blockchain intelligence platform Arkham Intelligence, BlackRock’s total holdings now stand at 572,616 Bitcoins. "They now hold 2.7% of the total BTC supply," Arkham posted on X.
This came after the investment giant acquired BTC worth $600 million on January 22, marking its biggest purchase so far this year.
Meanwhile, BlackRock’s iShares Bitcoin ETF (IBIT) continues to dominate the Bitcoin exchange-traded fund (ETF) sector. After encountering a few record outflows this month, IBIT made a strong recovery on January 24, surpassing $1 billion in trading volume within the first two hours.
According to the latest data from SoSo Value, on January 24, IBIT recorded a net inflow of $155.69 million, with cumulative inflows reaching $39.73 billion. The ETF also traded volumes worth $2.78 billion on the same day.
In a recent interview with Bloomberg, Robert Mitchnick, BlackRock’s Head of Digital Assets, highlighted the success of IBIT and the broader adoption of Bitcoin. He emphasized that while 2024 was an exceptional year for the ETF, Bitcoin adoption remains in its early stages.
CEO Larry Fink has also predicted that widespread adoption could propel Bitcoin prices to unprecedented levels, ranging between $500,000 and $700,000 per BTC. Despite BlackRock’s bold moves, Bitcoin had a rough start to the week, with its price dipping below the $100,000 mark. At the time of writing, the largest cryptocurrency was trading at $99,090.