BlackRock’s $3.85B Bitcoin Bet: IBIT Crushes S&P 500 Fund in Stunning Earnings Upset
Wall Street's sleeping giant just woke up—and it's hungry for Bitcoin. BlackRock's $3.85 billion plunge into BTC isn't just another institutional dabble. It's a full-scale invasion.
IBIT outguns legacy markets
The firm's Bitcoin fund just lapped its own S&P 500 counterpart in earnings—a plot twist that'd make traditional finance brokers spit out their martinis. Guess those 'digital gold' skeptics forgot how heavy $3.85 billion in crypto actually weighs.
Finance's new reality check
While bank analysts were busy downgrading crypto ETFs, BlackRock was quietly building a Bitcoin position that dwarfs most hedge funds' AUM. Nothing disrupts like cold, hard outperformance—except maybe watching crypto eat your lunch while you're still writing bearish reports.
