COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- The BlackRock Bitcoin ETF (IBIT) has officially become the largest Bitcoin fund with nearly $20 billion in assets under management (AUM).
- Grayscale’s GBTC saw a reduction of 1,500 BTC from its holdings, while BlackRock added the same amount.
- BlackRock has increased its IBIT share exposure to two other funds, indicating a strategic expansion.
BlackRock’s IBIT becomes the largest Bitcoin fund, surpassing Grayscale’s GBTC with nearly $20 billion in AUM.
BlackRock’s IBIT Overtakes Grayscale’s GBTC
In a significant development, BlackRock’s spot Bitcoin ETF, IBIT, has emerged as the largest Bitcoin fund in the market, overtaking Grayscale’s GBTC. This milestone was achieved on Tuesday, May 28, when the BlackRock Bitcoin ETF recorded over $100 million in inflows. Consequently, the Bitcoin price saw a 1% increase, moving past $68,700 levels.
BlackRock Holds Nearly $20 Billion Worth of Bitcoins
In just four months, BlackRock’s spot Bitcoin ETF (IBIT) has amassed an impressive AUM of nearly $19.79 billion. Meanwhile, Grayscale’s GBTC AUM has declined by approximately $18 billion during the same period, now standing at $19.75 billion. With this rapid growth and Grayscale’s net outflows, BlackRock has managed to surpass Grayscale as the world’s largest Bitcoin spot ETF by AUM.
On May 28, Bitcoin ETFs saw total net inflows of 632 BTC, equivalent to $43.3 million. It marked the eleventh consecutive day of Bitcoin ETF inflows. BlackRock led the way with an addition of 1,505 BTC ($102 million), surpassing Grayscale to become the largest Bitcoin ETF. Fidelity also saw an increase, adding 505 BTC ($34 million). In contrast, Grayscale experienced a net outflow of 1,550 BTC ($105 million).
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
In another interesting development, BlackRock also added nearly $4.1 million worth of IBIT shares to its two other funds. According to the SEC filing on Tuesday, BlackRock added $3.6 million of its IBIT shares to its BlackRock Strategic Income Opportunities Portfolio (BSIIX) and $486,000 worth of IBIT shares to its BlackRock Strategic Global Bond Fund (MAWIX).
ETFs Alone Control 5% of Total BTC Supply
Amid strong institutional support, Bitcoin ETF funds trading worldwide now cater to 5% of the total Bitcoin supply. Spot Bitcoin ETFs now hold nearly 5% of Bitcoin’s total supply of 21 million coins. According to data from the blockchain analytics platform Dune, U.S. Spot BTC ETFs collectively hold approximately 842,000 BTC, valued at around $57.2 billion. This accounts for 4.27% of the current BTC supply. Globally, BTC ETF issuers hold about 1,002,343 BTC, as shared in a screenshot on X (formerly Twitter) by MicroStrategy co-founder and former CEO, Michael Saylor.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
The BTC price has been showing a mild upside move; however, it continues to trade under its crucial resistance of $70,000. Some of the BTC on-chain data hints at a bullish move going ahead.
Conclusion
BlackRock’s IBIT becoming the largest Bitcoin fund marks a significant shift in the crypto investment landscape. With nearly $20 billion in AUM, BlackRock’s strategic moves and institutional support have positioned it as a dominant player. As ETFs continue to control a significant portion of the BTC supply, the market may see further bullish trends, especially if Bitcoin can break through its current resistance levels.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |