BlackRock and Fidelity Pour Over $500M Into Bitcoin in One Day

Institutional interest in Bitcoin is heating up again, with major asset managers making massive moves.

On June 25, blockchain tracking data revealed that BlackRock and Fidelity collectively acquired more than half a billion dollars’ worth of BTC — a clear signal that big money is preparing for more upside.

BlackRock led the charge, receiving 4,130 BTC (around $436 million) directly into its iShares Bitcoin Trust (IBIT) from Coinbase Prime. The transaction suggests a deliberate and high-conviction allocation into its spot ETF vehicle.

Fidelity followed with two separate transfers totaling 805 BTC, valued at over $85 million, deposited into its FBTC ETF address within hours of each other. The staggered approach hints at a strategy of carefully managed exposure.

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Even Grayscale, despite recent outflows, added 55 BTC to its GBTC trust. Bitwise and ARK Invest also moved BTC across internal wallets — standard rebalancing activity, but still notable amid the surge in institutional flows.

These movements come as Bitcoin holds above the $105,000 mark, with growing optimism that ETF-driven demand could drive a Q3 rally. While retail enthusiasm has cooled, the scale of institutional accumulation suggests the smart money is quietly positioning for what may come next.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.