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BlackRock’s Bitcoin ETF Hits $4B in Just 14 Days—Wall Street Plays Catch-Up
BlackRock’s Bitcoin ETF Hits $4B in Just 14 Days—Wall Street Plays Catch-Up
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Wall Street’s slow dance with crypto just got a jolt. BlackRock’s spot Bitcoin ETF has vacuumed up $4 billion in assets since launch—faster than a hedge fund manager chasing performance fees.
Why it matters: The institutional floodgates are creaking open. When the world’s largest asset manager pulls this kind of volume, even the most skeptical CFOs start Googling ’cold storage wallets.’
The cynical take: Funny how these financial giants spent years dismissing Bitcoin—until they figured out how to charge 75 bps for ’exposure.’
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