Days after becoming the fastest exchange-traded fund (ETF) to reach $80B in assets under management (AUM), BlackRock’s IBIT is eyeing another milestone. Bloomberg analyst Eric Balchunas is projecting the BlackRock Bitcoin ETF to clinch $100B in July, buoyed by a spike in inflows and a flash rally for the largest cryptocurrency.
BlackRock Bitcoin ETF Eyes $100B Milestone
According to Bloomberg Senior ETF Analyst Eric Balchunas, BlackRock’s iShares Bitcoin Trust ETF (IBIT) is on course to reach $100B AUM by the end of the month. Previously, Balchunas tipped IBIT to reach the $100B milestone over the summer, but new figures have seen the analyst shorten the timeline.
Balchunas notes via an X post that a surge in ETF inflows is the single largest indicator of an incoming surge in valuation. Over the last day, the BlackRock Bitcoin ETF pulled in nearly $1B in inflows, capping off an impressive week.
I wrote last wk that $IBIT could hit $100b this summer, but hell, could be this month. Thx to recent flows + overnight rally it’s already at $88b. At only 1.5yrs old is now 20th biggest in US, 7th biggest for BlackRock (and their #1 most profitable ETF). Un-freaking-believable. pic.twitter.com/r5FLwKSE7j
— Eric Balchunas (@EricBalchunas) July 14, 2025
The Bloomberg analyst is backing a $100B AUM milestone in July based on an “overnight rally” for Bitcoin. As Bitcoin set a new ATH, IBIT’s AUM grew to $88B, bringing it closer to a historic milestone.
“The iShares Bitcoin Trust is on track to surpass $100 billion in assets well before its second birthday, a pace that is unprecedented in the history of ETFs or mutual funds, ” wrote Balchunas.
The ETF has broken a trail of records since its launch, scooping over 700K BTC, representing 3.60% of the total supply. IBIT holds the record as the fastest ETF to reach $80B and is now BlackRock’s most profitable ETF in under two years.
BTC ETFs To Triple Gold ETFs
Bloomberg analysts opine that Bitcoin ETFs are set for a meteoric rise in the coming years. Led by BlackRock’s Bitcoin ETF, Balchunas tips the cohort to triple the size of gold ETFs before the end of the decade.
“We expect the group of spot Bitcoin ETFs to grow to triple the size of gold ETFs in the next 3-5 years, thanks to a strong value proposition and issuers’ marketing muscle,” said Balchunas.
The Bitcoin ETFs are pulling in impressive inflows over consecutive weeks amid rising institutional appetite. The inflows are coming amid a rising interest in altcoin-based ETFs among investors, with Ethereum ETFs gaining $900M in inflows, their highest levels since launch.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
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