crypto

Yaël Bizouati-Kennedy2/7/25

The list of corporate bitcoin stockpilers continues to grow

It was a busy news week for bitcoin — though the price didn’t budge much, hovering in the $97,000 range for most of the week.

There was the announcement of the planned first-ever bitcoin ETF by a US president, and the macro (and very orange) rebranding of MicroStrategy to Strategy, which remains the largest corporate bitcoin holder by far. Soon after came the company’s earnings release and its aggressive bitcoin plans for 2025. And let’s not forget Trump’s “crypto czar” David Sacks’ first and much-anticipated (but fairly tepid) press conference.

Companies with bitcoin reserves also kept busy continuing to build their stockpiles. We added two new bitcoin stockpilers to our ongoing list:

Semler Scientific said it bought 871 bitcoin for $88.5 million between January 11 and February 3 “with proceeds generated from its January 2025 senior convertible notes offering and monetization of a portion of its minority investment in Monarch Medical Technologies.”
BitFuFu, a bitcoin mining company, released its January operations update, noting that as of January 31, it held 1,742 bitcoins. “No additional BTC were acquired on the secondary market in January 2025,” according to the press release.

More Crypto

Ethereum slides under $4,150 and spot ETFs break eight-day positive inflow streak

The token touched $4,750 earlier this week.

Man Holding Open Book Repeated

Red Sunburst

Solana ETFs listings delayed as JPMorgan predicts the funds to net $1.5 billion in first year

JPMorgan analysts noted that “solana is not perceived by investors the same way as ethereum as the main DeFi/smart contract cryptocurrency.”

Yaël Bizouati-Kennedy5h

crypto

David Crowther10/9/25

BlackRock’s bitcoin ETF is on the cusp of $100 billion in assets, a milestone it will have achieved in less than two years

While VOO might be the largest ETF in the world, IBIT — BlackRock’s iShares Bitcoin Trust ETF — is the fastest-growing. And the bitcoin-centered product is on the cusp of a major milestone, reporting that it now holds 802,257 BTC, putting it within a whisker of hitting $100 billion in assets (worth roughly $99 billion in good old-fashioned USD at the time of writing).

Considering that BlackRock’s iShares Bitcoin Trust launched only 636 days ago, that’s a remarkable speedrun, as individual and institutional investors have embraced cryptocurrency via the exchange-traded fund. For context, VOO took over 2,900 days to hit the same milestone (about eight years).

VOO vs. IBIT spead to $100 billion assets under management — Sherwood News

As noted in a great piece by Robin Wigglesworth in the Financial Times, IBIT is now a major money-spinner for one of the biggest stalwarts of TradFi. As the largest exchange-traded product in the crypto space, and with a not insignificant expense ratio of 0.25%, the ETF is pulling in somewhere in the region of $250 million of revenue for its asset manager parent company. As Wigglesworth puts it:

“Anyway, it’s heartwarming to see that one of the companies profiting the most from an anarchical, decentralised invention supposedly designed to reorder the global financial system is... BlackRock.”

crypto

Yaël Bizouati-Kennedy10/8/25

Bitcoin ETFs take in more than $2 billion in two days

Bitcoin is down 2.7% from its recent record which saw it passing $126,000, but bitcoin ETFs are still hot.

The ETFs have already amassed more than $2 billion this week, on track to surpass last week’s $3.2 billion in inflows. In total, bitcoin ETFs have just under $165 billion in assets under management, representing 6.78% of the total market cap, SoSoValue data shows.

BlackRock’s iShares Bitcoin Trust by far took the lion’s share, with $1.8 billion of inflows. The fund is also close to $100 billion in assets, despite not even being 2 years old.

Bitwise CEO Matt Hougan said in a note, “The stars are aligned for a very strong Q4 for flows — more than enough to push us to a new record,” in part thanks to the “debasement trade.”

Yaël Bizouati-Kennedy

Bitcoin and its spot ETFs continue to hit new records

On Monday, bitcoin crossed $126,000 for the first time while bitcoin ETFs saw $1.2 billion in inflows.

A Bitcoin ATM in Hong Kong...

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