BlackRock names bitcoin ETF a top 2025 theme despite price slump

The world's largest asset manager is promoting its underperforming bitcoin fund over higher-fee winners, signaling long-term commitment. What to know : BlackRock named its iShares Bitcoin Trust (IBIT) one of its top three investment themes for 2025, despite bitcoin falling more than 4% this year. IBIT has attracted over $25 billion in inflows since January, making it the sixth most popular ETF by new investment this year. The move signals BlackRock’s conviction that bitcoin belongs in diversified portfolios, even as traditional alternatives outperform.