PANews reported on May 11 that according to The block, BlackRock's spot Bitcoin ETF IBIT has had net inflows for 20 consecutive days, the longest continuous inflow record among spot Bitcoin ETFs in 2025, attracting more than $5 billion in funds during this period. As the price of Bitcoin rises, the net asset value of U.S. spot Bitcoin funds has exceeded $121 billion, the highest level since January this year.

Goldman Sachs is currently the world's largest known holder of IBIT. Goldman Sachs holds 30.8 million shares of IBIT, worth about $1.4 billion, a 28% increase from its holdings at the beginning of the first quarter of 2025. The company also holds 3.5 million shares of FBTC, the second largest spot Bitcoin ETF in the market by assets under management, worth about $315 million. Filing documents show that the company increased its holdings by about 30,000 shares in the first quarter of 2025.