BlackRock’s Ishares Bitcoin Trust (IBIT) will become the world’s largest ETF within 10 years, Strategy Chairman Michael Saylor predicted on Bitcoin Standard Corporations Investor Day in New York. The bold prediction comes as US spot Bitcoin ETFS recorded a net inflow of $442 million on Thursday, pushing Bitcoin upwards by more than $95,000.
IBIT, which currently manages $54.2 billion in assets, needs to exceed the Vanguard S&P 500 ETF (VOO), which holds approximately $573.5 billion. BlackRock’s ETFs have shown significant momentum, accumulating $1.16 billion in Bitcoin purchases in just three days. It was $193.5 million on April 22nd, $643.2 million on April 23rd, and $327.3 million on April 24th.
“IBIT will become the world’s largest ETF in 10 years,” Saylor said in his presentation. ETFs already show unprecedented growth, reaching $10 billion in assets within seven weeks of their January launch. This is the fastest growth rate for ETFs in history.
Bloomberg ETF analyst Eric Balknath acknowledged the possibility, but highlighted the extraordinary situation needed. When IBIT starts to acquire more cash than VOO, that means as it is, it means that it means $400 million per day, like $1 billion per day or $400 million per day if you want to acquire the ground,” Balchunas said.
The ETF interest surge coincides with a Bitcoin break of over $95,000, supported by multiple factors, including President Trump’s signal on China’s import duties reductions, new SEC chairman Paul Atkins’ pro-crypto stance, and hopes for a mid-2025 Federal Reserve cut.
Since its launch in January, US spot Bitcoin ETF has accumulated over $37 billion in total net inflows, with total assets under management of over $100 billion. Ibit led the pack and recently won the “Best Newet” at the ETF.com Awards.
At the time of press, Bitcoin maintains strength beyond key psychological levels as institutional investment continues through regulated ETF vehicles, and BlackRock’s aggressive accumulation strategy suggests increased confidence in the asset class.
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