Based on current data, 12 spot Bit ETFs in the United States are managing over 1.2 million Bit, with BlackRock's IBIT and Fidelity's FBTC occupying an overwhelming majority of over 71% of the total.
According to BitcoinDotCom News on the 8th (local time), BlackRock's IBIT debuted on Wall Street on January 11, 2024, exactly 1 year and 4 months and 26 days ago. As of data collected on June 5, 2025, BlackRock's iShares Bit Trust ETF is managing approximately 662,707.41 Bit, which is equivalent to $69.2 billion in value. This single ETF alone accounts for 55.23% of the 1.2 million Bit managed by 12 publicly traded Bit funds.
IBIT's holdings constitute 3.16% of Bit's fixed supply of 21 million and 3.34% of the 19.875,085.22 Bit in circulation at the time of issuance. No other cryptocurrency exchange-traded product (ETP) has achieved such rapid accumulation at this scale. Despite trading 5 days a week with holidays and interruptions, if IBIT had acquired Bit every day since January 11, 2024, the daily acquisition would have been approximately 1,296.88 Bit.
If this pace continues, BlackRock's ETF is expected to reach 1 million Bit on February 21, 2026, 260 days from now, which corresponds to 4.76% of Bit's hard cap. In contrast, Fidelity's FBTC took a more restrained path. Over the same 1 year and 4 months and 26 days, it collected 196,264.34 Bit, with a current value slightly over $20 billion. Applying the same calculation, FBTC accumulated an average of 389.34 Bit per day since January 11, 2024.
While FBTC holds the distinction of being the second-largest Bit ETF in the United States, its trajectory has been much more cautious than IBIT's accumulation. If it maintains its current rhythm, FBTC will reach the 500,000 Bit milestone around July 18, 2027. Considering Strategy (formerly MicroStrategy), which began acquiring Bit on August 11, 2020, the average daily accumulation rate is 330.09 Bit. If the same trajectory remains stable, Strategy will not cross the 1 million Bit threshold until October 27, 2028.
The accelerating competition among major financial institutions for Bit dominance implies deeper strategic changes unfolding beneath the surface. With accumulation timelines now planned for the coming years, these ETFs are not just chasing assets but securing territory in the digital currency order. What began as a race for returns could evolve into a competition for currency influence itself.
Real-time news... Go to Token Post Telegram
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
