BlackRock’s Bitcoin ETF Nears Flip—Could Topple Satoshi’s Throne
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Wall Street’s quiet coup is almost complete. BlackRock’s IBIT—the $20B gorilla in the ETF room—is now within striking distance of dethroning Bitcoin’s anonymous creator as the largest BTC holder. Who needs cypherpunk ideals when you’ve got a prospectus?
The numbers don’t lie: IBIT’s vaults now bulge with enough bitcoin to make even early miners blush. Every institutional dollar plowed into this fund tightens Wall Street’s grip on crypto’s founding mythology.
One question lingers like stale conference-room coffee: When the suits control the supply, does Bitcoin still hate banks? The ticker tape won’t care—new ATHs cure all ideological hangups.
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