Bitcoin ETF Baby Crushes Old-Timers in Assets – WTF?
According to Eric “The Oracle of ETF” Balchunas from Bloomberg (yes, that Bloomberg), the iShares Bitcoin Trust ETF (IBIT) is now chillin’ in the top 25 ETFs by total assets.
And get this: IBIT is only 1.4 years old. Basically, it’s the toddler in a room full of retirees. Balchunas estimates it’s the youngest ETF on the list by a landslide—like nine times younger.
He even called this stat “the most insane” — hold onto your hats, folks. Meanwhile, the OG ETFs have been around since the dinosaurs roamed the Earth (or, you know, 30+ years).
The senior citizen of ETFs, SPDR S&P 500 ETF Trust (SPY), has an astonishing $602 billion in assets and was born more than 32 years ago. That’s basically ancient history.
Next up, Invesco QQQ (QQQ) with $333 billion, launched 26 years ago—making it practically the great-grandparent of ETFs.
And how could we forget XLK, the 27-year-old with technology in its veins, just hanging out with the big boys.
Meanwhile, IBIT, the digital baby that already owns $72 billion worth of assets, is basically the ADHD kid at the ETF playground—everyone’s watching it go, “Wait, what just happened?” 🚀
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2025-06-03 19:26