BlackRock Goes All-In on Bitcoin: Record ETF Inflows Fuel Mega-Buying Spree
Wall Street's trillion-dollar whale is hungry for more BTC.
BlackRock just doubled down on its Bitcoin bet—piling another $1.2B into spot ETFs this week alone. The move comes as institutional money floods crypto at levels not seen since the 2021 bull run.
Why the frenzy? Two words: FOMO and fees.
The asset manager now holds over 300,000 BTC across its funds. That's roughly 1.5% of the entire Bitcoin supply—hoovered up faster than a Goldman Sachs algo sniffs out retail stop-losses.
Meanwhile, the SEC watches from the sidelines, still trying to figure out how to regulate a technology they still call 'magic internet money' in internal memos.
One thing's clear: When the world's largest wealth manager starts treating Bitcoin like digital gold, even the most cynical bankers start checking their cold storage seed phrases.