Crypto
crypto
Yaël Bizouati-Kennedy

BlackRock’s bitcoin ETF now has more than 600,000 bitcoin as bitcoin surges past $97,000

BlackRock’s iShares Bitcoin Trust crossed the 600,000 bitcoin mark yesterday and now holds 604,049.5 bitcoin, or 2.8% of the total supply, according to Bitcoin Treasuries. Today, bitcoin also crossed $97,000 for the first time since February 21.

IBIT added 2,272.6 bitcoin on April 29 and 2,840.7 on April 30.

IBIT, with $56 billion in assets under management, holds more bitcoin than Strategy, the largest corporate bitcoin holder, which has 553,555 bitcoin. A few days ago, CoinDesk analyst James Van Straten noticed how close the two companies were in their stockpiles and predicted Strategy would overtake the ETF:

IBIT has grown its lead over Strategy in the days since, though.

Earlier this week, the ETF, recently named the winner of the 2025 ETF.com award for Best New ETF, saw inflows of $970.9 million, the second-largest since its inception.

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Yaël Bizouati-Kennedy
12/10/25
Bitcoin rebounds but FOMC will set tone for Santa rally

Bitcoin symbol
crypto
Sage D. Young

New bitcoin AfterDark ETF will be bitcoin at night, Treasurys by day

Tidal Trust II submitted form N-1A with the SEC to register a bitcoin ETF designed to systemically capture the cryptocurrency’s overnight return profile, a time window that delivered a significant portion of bitcoin’s upside last year.

The Nicholas Bitcoin and Treasuries AfterDark ETF provides long bitcoin exposure during US overnight hours, from the closing bell until the following morning’s market open, when the fund intends to unwind its positions, according to a document filed with the SEC on Tuesday. 

To gain that exposure, the ETF may use a number of methods, including bitcoin futures contracts, US-listed ETFs, or exchange-traded options on such bitcoin underlying funds. When the market is open and daytime trading is active, the fund’s portfolio will consist of US Treasury securities and other cash equivalents. 

In 2024, most of bitcoin’s gains occurred after-hours, senior Bloomberg ETF analyst Eric Balchunas reported:

The AfterDark ETF filing comes as bitcoin crossed $94,000 on Tuesday, rising 4.5% in the last 24 hours. Even though spot bitcoin ETFs saw nearly $60.5 million in outflows on Monday, the investment vehicles have a cumulative net inflow of $57.6 billion, per SoSoValue.

Yaël Bizouati-Kennedy
12/8/25
Bitcoin will “snapback or chop ahead of the Fed” decision

Traders on prediction markets are divided, giving an equal chance that bitcoin drops below $80,000 or rises above $100,000 this year.

Bitcoin symbol
Yaël Bizouati-Kennedy
12/2/25
Legendary short seller James Chanos on the problem with Strategy’s business model

The noise has grown louder about Strategy being in trouble, but most experts think Strategy can weather the current bitcoin downturn, though one critic predicts this is “the beginning of the end.”

Bitcoin Conference Draws Cryptocurrency Fans To Miami
Sage D. Young
12/1/25
Ethereum spot ETFs post highest monthly outflow of $1.4 billion in November, breaking seven-month streak

Meanwhile, ethereum developers are preparing for the activation of Fusaka, the next network upgrade.

Man Reeling From Explosion

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