The BlackRock Bitcoin spot ETF has gathered massive attention after its launch, and it has continued aggressive Bitcoin accumulation, as per blockchain intelligence firm Arkham Intelligence has bought BTC $3.85 billion in the last month.
According to the X post by Arkham Intelligence dated July 01, 2025, the billions of dollars in Bitcoin accumulation occurred in several transactions. Following the back-to-back accumulation by BlackRock has helped the market to lift upwards, attracting new users at all levels.
In 2025, BlackRock’s IBIT achieved a significant milestone by becoming the fastest ETF to reach $70 billion in assets under management, accomplishing this in just 341 days since it debuted on January 11, 2024.
This milestone helped it to surpass the previous record held by State Street’s SPDR Gold shares, which took 1,691 days to reach the same mark.
A quick overview of the Bitcoin spot ETF category
According to the data from Coinglass on the first day of July this year, an outflow of $324.20 million was noted, with FBTC mirroring the highest outflow of $172.70 million, followed by GBTC with $119.50 million, the outflow from ARKB was $27.00 million, and BITB saw an outflow of $23.00 million.
Yet on July 02, 2025, the market mirrored a positive inflow of $407.80 million with FBTC at the top with an inflow of $184.00 million, ARKB’s inflow was $83 million, BITB stands at third with an inflow of $64.90 million, and GBTC at $34.60 million.
The outflow on July 01 was noted after back-to-back positive inflows for 5 to 6 days from June 23 to June 30. In terms of Bitcoin holdings, IBIT stands at the top with 696.87k BTC, followed by FBTC with 200.09k BTC, and GBTC has 183.95k in Bitcoin.
Also, IBIT is the highest traded Bitcoin ETF, followed by FBTC, GBTC, BITO, BITB, BTC, ARKB, HODL, BTCW, BTCO, EZBC, and BRRR. The market capitalization of IBIT is $76.58 billion, FBTC’s cap is $21.47 billion, and GBTC stands at third with a cap of $20.20 billion.
Bitcoin price updates
According to TradingView, Bitcoin is currently trading at $109,648 with an increase of 1.21% in the past 24 hours, and its price is up by 2.32% in a week.
At the same time, it was above its 20, 50, 100, and 200-day exponential moving averages, and intraday its market capitalization has reached $2.18 trillion with an increase of 1.96% and trading volume is $57.53 billion with a surge of 24%.
Since the beginning of this year till writing, Bitcoin prices grew around 18% in the same frame, its market dominance grew roughly 13% and the market added 17.21%.
