BlackRock’s Bitcoin ETF Smashes $100B Mark as Uptober Rally Stalls – Inside IBIT’s Wild Ride
BlackRock’s iShares Bitcoin Trust ETF has ridden Bitcoin’s rollercoaster in October. The fund’s share price currently sits around $60–61foxbusiness.com, up modestly on the day but down from its early-month highs. In the first week of October, IBIT surged alongside Bitcoin’s “Uptober” rally – reaching the low $70s per share. But as Bitcoin retreated in mid-October, IBIT shares also pulled back roughly 15% from their peak. Even after the dip, IBIT is still well in the green for 2025. Year-to-date, the fund has returned on the order of +15–20% thanks to Bitcoin’s broader uptrendishares.com. The 1-day NAV change on Oct. 17 was -1.42%ishares.com, reflecting a market cooldown in recent days.
