How BlackRock’s Bitcoin ETF Might Just Break Everything In 10 Years

by

At Bitwise’s Bitcoin Standard Corporations Investors Day—which, frankly, sounds like an event where spreadsheets go to party—MicroStrategy’s executive chairman Michael Saylor decided to throw down a gauntlet the size of a blockchain ledger. With a confidence that could only be described as “have you seen my office’s crypto holdings?” he declared that BlackRock’s iShares Bitcoin Trust (ticker: IBIT) will become the biggest ETF on the planet in ten years. Cue the ETF community collectively choking on their coffee, because last time anyone checked, the asset rulers were broad-based equity funds, not some single digital wannabe.

IBIT already hangs out in the exclusive VIP lounge of digital-assets: according to Bitcoin Treasuries, it guards over 575,000 BTC—roughly $54.3 billion in shiny internet money. That’s not just a good launch; it’s the best ETF debut since ETFs learned they could wear tuxedos and show up at Wall Street parties.

Can Bitcoin Actually Turn BlackRock’s ETF Into a Colossus?

But before we break out the champagne, skepticism put on its big-boy trousers. Nate Geraci, president of The ETF Store and self-appointed guardian of cold hard cash, reminded everyone on X that the Vanguard S&P 500 ETF (VOO) has gulped down over $51 billion in inflows just this year. IBIT’s whole stash? About $54 billion. So, for IBIT to become king, it’d need to sprint like it’s late for a bus in Ankh-Morpork—a Herculean feat indeed.

Then there’s Bloomberg’s ETF oracle, Eric Balchunas, who dampened some of the Bitcoin sparkle with data and grim math. His take? While IBIT shattered records in rookie year style, VOO remains the overlord: 10 times the size and hauling in five times the cash daily. For IBIT to catch up, it’d have to pull in a mind-boggling $3 to $4 billion every single day, which is less “fast and furious” and more “financial fantasy.”

Asked if investors might trade their spreadsheets for Bitcoin’s “perfect savings” story, Eric gave the corporate shrug answer: “Two words, two syllables: cash flow.” Apparently, money that actually makes more money still has a gravitational pull stronger than any crypto comet. 💸

Saylor’s crystal ball gaze isn’t happening in a vacuum. BlackRock’s CEO Larry Fink recently sprinkled his own prophecy during the World Economic Forum in Davos. He painted a picture where institutional investors start tipping 2% to 5% of their portfolios into Bitcoin, sending its price rocketing to astronomical levels—think Bitcoin as high as $700,000. Fink coined Bitcoin the “currency of fear,” probably because nothing says “secure investment” like digital coins that also moonlight as a hedge against political chaos and monetary mayhem.

For Saylor, whose company basically moonlights as Bitcoin’s unofficial PR firm, Fink’s words are manna from heaven. If sovereign wealth funds really start diving in, IBIT’s vaults might overflow—assuming demand decides to sprint past the old stalwarts clinging to boring but reliable cash-heavy assets.

At the time of writing—which coincidentally is when the price decided to remind everyone who’s boss—Bitcoin was trading at a sprightly $93,656.

Secure your internet browsing with a NordVPN subscription. [Learn more](https://pollinations.ai/redirect/432264)

Read More

2025-04-25 19:43