BlackRock’s Bitcoin ETF Crushes S&P 500 Fund in Revenue—Crypto Flexes Wall Street Muscle
Wall Street's love affair with crypto just hit a new milestone—BlackRock's Bitcoin ETF is now outearning its flagship S&P 500 fund. Guess those suits finally found something shinier than their Bloomberg terminals.
The numbers don't lie: Bitcoin's institutional embrace just leveled up. While traditional finance was busy shorting volatility, crypto quietly ate their lunch. Who needs 'old economy' stocks when digital gold's pulling bigger numbers?
Here's the kicker: This isn't some niche altcoin play. It's BlackRock—the $10 trillion gorilla—proving even boomer capital can't ignore blockchain's gravitational pull. Maybe they'll start accepting BTC for their 2-and-20 fees next.
*Cue obligatory 'this changes everything' analyst quote while hedge funds quietly rebalance into memecoins.*