Spot Bitcoin ETFs surpass $125B, BlackRock’s IBIT ranks 31st globally

U.S. spot Bitcoin ETFs have exceeded $125 billion in holdings, now representing over 6% of BTC’s supply, according to Cointelegraph citing Dune data. BlackRock’s IBIT ETF, the largest among U.S. Bitcoin ETFs, holds 46.4% of the market and is now the 31st-largest ETF worldwide. Analysts predict growing ETF adoption could push Bitcoin toward $200,000 in 2025.