$1B Floods Into Spot Bitcoin ETFs—IBIT Smashes Records as First to $80B AUM
Wall Street's crypto love affair hits new highs as spot Bitcoin ETFs gorge on $1 billion inflows. BlackRock's IBIT steals the show—crossing $80 billion in assets faster than any fund in history.
The gold rush 2.0
Institutional money is piling into crypto like it's 2021—except this time, the suits are in charge. IBIT's blistering growth makes even the most bullish projections look conservative.
When the SEC finally caved on spot Bitcoin ETFs earlier this year, skeptics warned about 'limited demand.' Turns out pension funds and hedge managers just needed permission to FOMO properly.
The cynical take
Let's be real—half these inflows are probably just Vanguard clients realizing they bought the wrong ticker. But $80 billion doesn't lie. The dinosaurs have officially entered the crypto arena... and they're hungry.
