Bitcoin Bonanza: BlackRock’s Wallet Bursts as ETFs Gobble Up the Goldmine
BlackRock now commands so much digital currency it makes old-fashioned bankers weep into their ledgers. With IBIT clutching a titanic 55% share of U.S. spot ETFs, rumor has it even Satoshi Nakamoto’s ghost is standing in line for autographs. Since its January debut, this fund has soared more than 80%. Yes, you heard correctly—more than eighty percent—leaving the S&P 500 ETF in the dust, waving a tiny handkerchief and muttering about “the good old days.”