BlackRock’s iShares Bitcoin Trust (IBIT) Holds 806,700 BTC Worth $63.7 Billion — A Milestone in Crypto ETF Adoption

BlackRock’s iShares Bitcoin Trust (IBIT) has accumulated 806,700 Bitcoin (BTC), valued at approximately $63.7 billion, marking a record high for the exchange-traded fund.

As of April 21, 2026, the trust held 806,178.4 BTC, according to data from Bitbo.io, reflecting a steady increase in Bitcoin holdings over recent weeks. The value was calculated based on the prevailing market price at the time of reporting.

The iShares Bitcoin Trust ETF, launched by BlackRock following SEC approval for spot Bitcoin ETFs, has become one of the most significant vehicles for institutional and retail exposure to Bitcoin. It allows investors to gain exposure to Bitcoin’s price movements without directly holding the cryptocurrency.

IBIT has consistently ranked as the most traded Bitcoin exchange-traded product since its inception, offering high liquidity and broad accessibility through traditional brokerage accounts.

The fund’s net assets reached $53.05 billion as of April 21, 2026, with a net asset value (NAV) of $42.77 per share, according to Yahoo Finance data. The ETF carries an expense ratio of 0.25% and does not distribute dividends.

BlackRock, the world’s largest asset manager with over $9.2 trillion in assets under management, continues to expand its digital assets product suite. While IBIT remains focused solely on Bitcoin and cash, CEO Larry Fink has indicated openness to a spot Ethereum ETF should it receive regulatory approval.

The growth in IBIT’s Bitcoin holdings reflects sustained investor demand for regulated exposure to cryptocurrency markets, particularly among traditional financial institutions seeking compliance-friendly investment options.

As Bitcoin continues to trade within a volatile range, IBIT’s rising holdings underscore its role as a barometer for institutional adoption of digital assets within the global financial system.