Blackstone Goes Crypto: $10T Asset Manager Dives Headfirst Into Bitcoin ETF
Wall Street’s sleeping giant just woke up—and it’s hungry for Bitcoin. Blackstone, the $10 trillion asset manager that once dismissed crypto as ’a sideshow,’ has quietly accumulated a nine-figure position in spot Bitcoin ETFs. Talk about a change of heart.
The institutional floodgates are officially open. When the world’s largest alternative investment firm starts buying, pension funds and endowments won’t be far behind. Forget ’digital gold’—this is digital institutional FOMO.
Of course, they waited until the SEC was forced to approve these ETFs after a decade of foot-dragging. Nothing gets Wall Street moving like regulatory cover and a 150% year-to-date rally. How very... calculated.
