BlackRock’s Bitcoin ETF Topples VOO in Daily Flows—Wall Street’s New Golden Goose?
Move over, S&P 500—crypto just stole your lunch money. BlackRock’s iShares Bitcoin Trust ETF has officially outpaced VOO in daily flows, marking the first time a crypto product has dethroned the legacy giant. Guess even Wall Street’s old guard can’t ignore the digital gold rush.
The Takeover:
No fluke, no hype—just cold, hard inflows. The numbers don’t lie (though we’re still waiting for the usual suspects to call it a ‘bubble’).
Why It Matters:
When the world’s largest asset manager pivots to Bitcoin, the message is clear: institutional money isn’t just dipping a toe anymore—it’s diving in headfirst. Meanwhile, traditional finance bros are left scrambling to explain why their ‘safe’ ETFs suddenly look… sleepy.
The Punchline:
Another win for crypto’s legitimacy—and another existential crisis for finance traditionalists. But hey, at least they’ll always have their 2% management fees.