BlackRock’s iShares Bitcoin Trust (IBIT) has officially joined the Big League. According to new data from Bloomberg Intelligence, IBIT is currently one of the 20 most exchange-traded funds (ETFs) in 2025.
The chart shared by Bloomberg ETF analyst Eric Bulknath highlights how the ETF landscape evolved each year.
While well-established funds such as $spy, $qqq, and $iwm have long dominated the top spots, Ibit’s existence shows that institutional interest in Bitcoin is not only real, but accelerated.
Launched in early 2024 after US Spot Bitcoin ETFS received approval from the SEC, IBIT is run by BlackRock, the world’s largest asset manager. What is noteworthy is the speed at which IBit rises.
This is the top 20 most traded ETFs each year. It will be interesting to see how this has evolved over the years. Notable $voo in #5 could soon be run with $Spy (it will be the largest and most liq). Also, $ibit and $tsll are both babies and are wild to create a list. pic.twitter.com/enkgcfjpop
– Eric Balchunas (@ericbalchunas) June 11, 2025
As Balchunas says, despite being a “baby” in the ETF world, IBit already outweighs many years of funds in daily trading volumes. This achievement will provide greater liquidity, tougher spreads and flexibility for both institutional and active traders.
Hedge fund legend Paul Tudor-Jones recently reflected this trend, calling Bitcoin one of the best options for those seeking an advantage over inflation.
Give conservative investors access to Bitcoin
IBIT fills a key gap for more conservative investors who have previously been hesitant to enter the crypto space. BlackRock has made BTC accessible through securities accounts and retirement portfolios by packaging Bitcoin with ETFs trading on traditional stock exchanges.
This accessibility could be a game changer, especially for institutions and retail investors looking to diversify their portfolios without diving directly into crypto exchanges.
For day traders, IBIT offers volatility and momentum in a regulated environment, creating new short-term trading opportunities.
On this year’s Top 20 ETF list, its presence alongside giants like $SPY and $QQQ is more than a statistical milestone reflecting changes in investor behavior. Bitcoin is no longer a fringe asset, but now a legal part of the mainstream financial markets, and IBIT is leading the transition.
With more investors looking for diverse exposures and alternative returns, IBIT will benefit from both the Bitcoin rise profile and the reliability of the BlackRock brand.
These are still in the early days, but this rise in IBIT to this elite ETF group confirms one thing. Bitcoin has reserved a seat at a table on Wall Street.
Meanwhile, recent reports show that BTC whale influx has dropped by $3 billion in binance, adding an interesting context to the broader institutional narrative.