CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

ZyCrypto 2025-04-26 13:25:28

Michael Saylor Predicts BlackRock’s IBIT Will Be The World’s Biggest ETF In The Next Decade

Michael Saylor, the Executive Chairman of the world’s largest Bitcoin corporate holder Strategy, has predicted that in the next ten years, BlackRock’s iShares Bitcoin Trust (IBIT), which launched in January 2024 alongside 10 other US-based spot Bitcoin ETFs, will become the largest ETF in the world. BlackRock’s Bitcoin ETF Accounts For Nearly 3% Of Entire BTC Supply It might be pocket change when considering BlackRock currently boasts trillions of dollars in assets under management, but it hasn’t gone unnoticed that the asset management giant’s Bitcoin ETF stash is closing in on 3% of Bitcoin’s total supply. “BlackRock is accumulating. They now hold 2.77% of the entire Bitcoin supply,” Arkham Intelligence wrote to X on Friday, noting the Wall Street behemoth had added a staggering $1.2 billion in BTC this week alone. As of April 26, BlackRock held approximately 582,000 BTC via IBIT, worth around $54 billion. That makes it the 33rd biggest exchange-traded fund by assets under management. In comparison, the largest ETF by market cap, the Vanguard S&P 500 ETF (VOO), boasts a market capitalization of $593.5 billion, more than ten times that of IBIT. However, speaking at the Bitcoin Standard Corporation’s Investor Day, Strategy’s Michael Saylor forecasted that “IBIT will be the biggest ETF in the world in ten years.” NEW: @saylor predicts that @BlackRock ’s $IBIT will be “the biggest ETF in the world in ten years.” pic.twitter.com/cyDDFf47FV — Eleanor Terrett (@EleanorTerrett) April 24, 2025 Bloomberg’s senior ETF analyst Eric Balchunas concurred with Saylor that IBIT could potentially become the world’s biggest ETF, though he stressed that it would be extraordinary. “It’s possible, especially if IBIT starts taking in more cash than VOO, but that would require inflows well north of $1 billion a day — more likely in the range of $3 to $4 billion daily, to gain ground. In short, some extraordinary things would have to happen, but it’s possible,” Balchunas said. It’s pertinent to note that this is not Saylor’s first insanely optimistic Bitcoin-related prediction. As ZyCrypto reported previously, the tech entrepreneur said he thinks the crypto will rocket to a price of $13 million per coin over a 21-year period. Saylor’s company currently holds 538,200 BTC , worth roughly $51 billion. Bitcoin recently changed hands at $94,969, up 1.5% over the past 24 hours. The largest cryptocurrency by market cap is up 13.5% over the past 14 days.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.