Within just one year, the asset management behemoth BlackRock (NYSE: BLK ) has become a major Bitcoin ( BTC ) hodler as it acquired a total of 572,616 BTC since the launch of its iShares Bitcoin Trust ETF ( IBIT ). Unlike many of its peers, the finance giant opted not to sell during the recent cryptocurrency selloff, initiated as a spillover from the technology sector in the wake of DeepSeek’s release, and it has loaded up on an additional 11,000 BTC in the last 7 days. Such activity ensured that the total value of BlackRock’s Bitcoin holdings, at press time on January 29, amounts to a high $62.25 billion, per the data Finbold retrieved from Arkham. Furthermore, the latest buying activity means that the asset manager purchased approximately 21,000 BTC in the first 29 days of 2025 . BlackRock BTC holdings 1-week chart. Source: Arkham IBIT up in 2025 despite market volatility Looking at the performance of the exchange-traded fund ( ETF ) itself – IBIT – the buying activity appears in line with the asset’s performance. For example, though the latest drop, which led to Bitcoin falling toward $98,000 on Monday, January 27, the ETF remains 9.47% in the green year-to-date (YTD) at $58.07. IBIT ETF YTD price chart. Source: Finbold Additionally, the fund is up an impressive 84.70% since it launched in January 2024, having gained $26.59 per share within the time frame. BlackRock buys BTC for eight days straight while others keep selling Despite not being the only major Bitcoin ETF manager, BlackRock is in a somewhat unique position. Not only has it been on a continuous eight-day buying spree, but most of its peers have been selling during the dip. Featured image via Shutterstock The post BlackRock buys Bitcoin for 8th day in a row; here’s how much it holds appeared first on Finbold .