Wall Street Goes All-In on Bitcoin as BlackRock’s ETF Dominates
Traditional finance finally admits defeat—BlackRock’s Bitcoin ETF is now the golden child of Wall Street’s reluctant crypto embrace.
The Institutional Stamp of Approval
After years of scoffing, suits are piling into BTC like it’s a zero-commission IPO. Guess even bankers get FOMO when fees are on the line.
Crypto Winter? More Like a Fire Sale
While retail investors licked their wounds from the last crash, BlackRock quietly built the ultimate ’if you can’t beat ’em, join ’em’ financial product. Irony tastes better with a 2% management fee.
Love it or hate it, the game changed today. The same firms that called Bitcoin a scam now can’t risk missing the train—even if they still don’t understand the tracks.

Goldman Sachs is now IBIT’s largest disclosed shareholder, with 30.8 million shares valued at roughly $1.4 billion — a 28% increase from early 2025. The firm has also expanded its exposure to FBTC, the market’s second-largest BTC ETF, accumulating over $315 million in shares.
The momentum comes amid a broader shift in Wall Street’s posture toward digital assets. Goldman, which only recently acknowledged crypto in its annual shareholder letter, now sees stablecoin regulation as a potential spark for deeper adoption. Its head of digital assets, Mathew McDermott, hinted that favorable laws could accelerate institutional involvement.
Meanwhile, BlackRock has opened regulatory discussions with the SEC to explore crypto staking and ETF-based options. These talks align with a growing trend: traditional finance moving quickly to secure its stake in the next wave of crypto expansion.