BlackRock has highlighted its spot Bitcoin ETF as one of its core investment themes as markets look ahead to 2026. The firm’s iShares Bitcoin Trust ETF (IBIT) has been prominently featured on BlackRock’s homepage, underscoring its growing importance alongside traditional assets.
BlackRock said its Bitcoin ETF ranked among its three most significant investment themes in 2025, placing it on equal footing with Treasury bill strategies and funds tracking the largest U.S. technology companies.
The asset manager specifically cited the iShares Bitcoin Trust ETF alongside its Treasury bill ETF and another fund tied to the so-called “Magnificent Seven” tech stocks — Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla.
IBIT has drawn more than $25 billion in net inflows so far this year, ranking sixth among all exchange-traded funds. This comes despite the fund posting a negative return in 2025, highlighting sustained investor demand even during a challenging period for Bitcoin prices.
Nate Geraci, president of NovaDius Wealth Management, said BlackRock’s decision to spotlight IBIT suggests the firm remains confident despite Bitcoin’s roughly 30% pullback from its October peak.
Bloomberg ETF analyst Eric Balchunas echoed that view, noting that attracting $25 billion in inflows during a weak year demonstrates the product’s long-term potential. He argued that flows could accelerate significantly in a stronger market environment.
According to data from Farside Investors, IBIT’s 2025 inflows add to roughly $37 billion recorded in 2024, bringing total inflows since launch to about $62.5 billion. That figure is more than five times higher than its nearest rival, the Fidelity Wise Origin Bitcoin Fund.
Expansion beyond Bitcoin ETFs
BlackRock has continued to broaden its digital asset offerings. In September, the firm filed to register a Bitcoin Premium Income ETF, designed to generate yield by selling covered call options on Bitcoin futures.
The company has also seen strong demand for its Ethereum products. BlackRock’s iShares Ethereum Trust ETF (ETHA) has attracted more than $9.1 billion in inflows this year, lifting total inflows to nearly $12.7 billion.
In November, BlackRock filed to launch a staked Ethereum ETF to complement ETHA. While the firm initially avoided staking features, a more accommodating regulatory stance from the Securities and Exchange Commission has opened the door for new crypto ETF structures.
Despite its expansion in Bitcoin and Ethereum products, BlackRock has so far stayed out of the growing wave of altcoin ETFs, even as products tied to assets such as Solana, XRP, and Litecoin have entered the market.
