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.