BlackRock’s iShares Bitcoin Trust (IBIT) is quickly becoming a dominant force among crypto-linked investment vehicles.
The fund has broken into the top 15 most traded ETFs of 2025, currently holding the 13th position—just behind the high-octane SOXL fund. While SPY maintains its long-standing lead, IBIT’s rise underscores growing institutional appetite for direct Bitcoin exposure.
In line with that trend, BlackRock has been actively adjusting its Bitcoin holdings. This June alone, the firm acquired over $930 million worth of BTC, offset by around $260 million in liquidations. The moves suggest active portfolio management rather than hesitation, with the company still showing strong net accumulation.
Bitcoin’s price has mirrored this activity with volatile swings. After peaking near $111,800 in late May, it dropped to $100,000 before recovering to the $107,000 range. Despite short-term fluctuations, the asset remains up 5% over the month and over 60% since June 2024. Technical analysts point to the $110,000 level as a key resistance; a breakout could set the stage for another surge.
Changelly’s forecast places 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 build quickly.
The broader takeaway? Bitcoin’s growing integration into traditional finance is reshaping how the market moves. Once driven largely by retail hype, the narrative is shifting toward structured, strategic investments—paving the way for a more mature and resilient crypto landscape.
Matt Hougan, CIO at Bitwise Asset Management, believes a powerful shift is underway—one that could reshape how companies manage their capital.
As more corporations embrace Bitcoin as a strategic asset, Mercurity Fintech is entering the arena with an ambitious $800 million fundraising effort aimed at building a long-term BTC reserve.
Michael Saylor, executive chairman of MicroStrategy, believes Bitcoin is on a long-term path to unprecedented highs, predicting it could eventually reach $1 million per coin.
BitMEX co-founder Arthur Hayes is warning traders to prepare for rough waters ahead, as global markets brace for another round of economic tension.