BlackRock’s iShares Bitcoin ETF Trails Strategy’s by 12,000 Tokens After $2.1B Inflows
U.S. spot Bitcoin ETFs recorded $2.1B of inflows over eight trading days, but BlackRock’s iShares Bitcoin Trust holdings of 802,824 BTC trail Strategy’s 815,061 BTC by over 12,000 tokens. Meanwhile, rising global bond yields have prompted BlackRock’s Wei Li to caution that inflation pressures may forestall Fed rate cuts.
1. Bitcoin ETF Inflows and Holdings
Over eight consecutive trading days, U.S. spot Bitcoin ETFs attracted a total of $2.1 billion in net inflows—the longest winning streak since October 2025. BlackRock’s iShares Bitcoin Trust holds 802,824 BTC, worth roughly $62 billion, trailing Strategy’s 815,061 BTC by more than 12,000 tokens.
2. Bond Yields Rise and Policy Outlook
Two-year U.S. Treasury yields surged to 3.83%, their highest level since early 2024, driven by geopolitical tensions and higher oil prices. BlackRock’s global head of fixed income, Wei Li, warned that elevated inflation could delay anticipated Federal Reserve rate cuts, maintaining pressure on fixed income returns.