Ishares Bitcoin Trust (ibit) of Blackrock will become the largest ETF in the world within 10 years, the president of the strategy, Michael Saylor, predicted in the Bitcoin Standard Corporations Day in New York. The bold prognosis occurs when the US Bitcoin Spot ETFs registered $ 442 million in net tickets on Thursday, which pushed Bitcoin above $ 95,000.
Ibit, which currently manages $ 54.2 billion in assets, would need to exceed the Vanguard S&P 500 ETF (VOO), which has approximately $ 573.5 billion. The Blackrock ETF has demonstrated a notable impulse, accumulating $ 1.16 billion in Bitcoin purchases in just three days: $ 193.5 million on April 22, $ 643.2 million on April 23 and $ 327.3 million on April 24.
“Ibit will be the largest ETF in the world in ten years,” Saylor said during his presentation. The ETF has already shown unprecedented growth, reaching $ 10 billion in assets within seven weeks after its January launch, the fastest growth rate for any ETF in history.
Bloomberg Etf Eric Blchunas Analyst recognized the possibility but emphasized the extraordinary circumstances required. It is also possible that Ibit begins to take more effective than Voo, but as it is, which would mean taking a well to the north of $ 1b/day, such as $ 3b or $ 4b/day if he hopes to gain ground, ”said Balchunas.
The increase in the interest of the ETF coincides with the breakcoin rupture above $ 95,000, backed by multiple factors, including the signs of President Trump about the reduction of Chinese import rates, the new position of the president of the SEC Paul Atkins, and the expectations of the federal reserve fees to the mid -2025.
The US Bitcoin Spot ETFs have accumulated more than $ 37 billion in total net tickets since its January launch, with combined assets under administration exceeding $ 100 billion. Ibit leads the package, recently winning “Best ETF New” at the ETF.com Awards.
On the press date, Bitcoin maintains strength above the key psychological levels as institutional investment continues through regulated ETF vehicles, with the Blackrock aggressive accumulation strategy that suggests growing confidence in the asset class.
