According to MilkRoadDaily, BlackRock’s BTC ETF ($IBIT) has averaged an impressive $4.3 billion increase in market capitalization per month since its launch, rapidly rising to become the 23rd largest ETF globally in under 1.5 years (source: MilkRoadDaily on Twitter, June 11, 2025). For traders, this unprecedented growth in a crypto-focused ETF highlights strong institutional momentum for BTC, suggesting increased liquidity and mainstream acceptance that could impact Bitcoin’s price action and volatility.