After months of volatility, BlackRock Bitcoin ETF (IBIT) holders are finally back in profit. With BTC surpassing 90,000 dollars, these investors erase losses suffered in October 2025. This recovery takes place in a favorable macroeconomic context and growing institutional adoption.
In Brief
- •BTC exceeds $90,000, allowing BlackRock Bitcoin ETF (IBIT) holders to be profitable.
- •BlackRock confirms its dominance with positive net flows in 2025, strengthening institutional investor confidence.
- •The bitcoin rise aligns with expectations of interest rate cuts, with an 85% chance of easing in December 2025.
Bitcoin at $90,000: A Turning Point for Institutional Investors
Bitcoin crossed the symbolic threshold of $90,000, allowing holders of BlackRock’s ETF IBIT to return to positive territory. According to Arkham, the fund recorded a cumulative profit of $3.2 billion, erasing losses accumulated since October 2025. At that time, investors were experiencing combined losses nearing $40 billion.
This rebound marks a psychological turning point for institutional investors. Indeed, bitcoin, often seen as a speculative asset, is gaining credibility thanks to structured products like ETFs. These instruments attract stable capital, reducing volatility and strengthening confidence.
The profit recovery of BlackRock’s IBIT investors coincides with an improvement in inflows into Bitcoin ETFs. After massive outflows in November, investors are returning, attracted by the prospect of sustained growth. This dynamic confirms the growing role of ETFs as adoption vectors for bitcoin.
BlackRock: An IBIT That Makes a Difference
BlackRock, the largest asset manager in the world with $13.5 trillion under management, plays a central role in this recovery. Its ETF IBIT is the only one to have recorded positive net flows, according to K33 Research. This performance is explained by BlackRock’s reputation, which attracts institutional investors.
Vetle Lunde’s charts show that inflows into IBIT contrast with those of other Bitcoin ETFs. This dominance is explained by the confidence given to BlackRock, seen as a guarantee of stability and professionalism. Investors thus favor IBIT to expose their portfolios to bitcoin.
Towards a Bullish Year-End for Bitcoin?
Bitcoin’s recovery to $90,000 takes place in a macroeconomic context marked by expectations of interest rate cuts. According to the CME Group’s FedWatch Tool, markets estimate an 85.1% probability of a 25-basis-point cut at the Fed meeting in December 2025. A decision that could stimulate risky assets, including bitcoin.
Historically, rate cuts favor stock markets and speculative assets. Bitcoin, increasingly correlated with traditional markets, could benefit from this. Investors are already anticipating this trend, as evidenced by inflows into Bitcoin ETFs. However, risks remain. Disappointment on Fed expectations or a macroeconomic reversal could reverse this dynamic.
The regained profitability of BlackRock Bitcoin ETF (IBIT) investors marks a turning point for BTC. Driven by institutional flows and favorable macroeconomic expectations, the crypto market seems to enter a new phase. The question remains whether this momentum will hold in December 2025.