IBIT Bitcoin ETF Smashes $72B in Assets—31 Straight Days of Inflows Prove Institutional FOMO
Wall Street’s favorite Bitcoin ETF just hit a staggering $72 billion in assets under management—fueled by an unbroken 31-day inflow streak. Guess even the suits can’t resist chasing crypto’s upside (while still pretending they ’don’t get it’).
The relentless inflows suggest institutions are finally ditching their ’wait-and-see’ approach—or maybe just realizing gold ETFs won’t save them from inflation. Either way, the dam’s breaking.
Funny how fast ’risky speculative asset’ turns into ’strategic portfolio allocation’ when there’s money to be made. Welcome to the party, hedge funds—try not to crash it on your way in.