In the race to dominate institutional Bitcoin (BTC) holdings, BlackRock is rapidly pulling ahead of the pack.
Through its iShares Bitcoin Trust (IBIT), the asset management giant has quietly built one of the largest BTC positions in the world.
According to fresh data retrieved by Finbold from Arkham Intel, BlackRock now controls 665,938 BTC, currently valued at approximately $69.83 billion as of Friday, June 13, 2025.
That position makes up an estimated 94.8% of BlackRock’s $73.66 billion crypto portfolio, showing a clear focus on Bitcoin over other digital assets, despite the firm’s daily purchases of Ethereum in the last two weeks.
BlackRock is now the second-largest holder of Bitcoin globally
With this level of accumulation, BlackRock has moved ahead of major players such as Binance and MicroStrategy. Its IBIT fund is now the second-largest holder of Bitcoin globally. Only the legendary wallet linked to Bitcoin’s elusive creator, Satoshi Nakamoto, holds more.
BlackRock’s aggressive move into Bitcoin is part of a broader strategy. The company aims to become the world’s leading crypto asset manager by 2030. In a corporate presentation published Thursday, BlackRock stated its target of managing at least $50 billion in digital assets within the next five years. Bitcoin remains the foundation of this goal.
Meanwhile, Bitcoin itself continues to attract institutional interest. The cryptocurrency is trading above $104,000 at press time. As regulatory clarity improves and more capital flows into the market, BlackRock’s growing share of Bitcoin ownership may reshape the landscape at the highest levels of global finance.
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