BlackRock’s Bitcoin ETF Shatters Records—Wall Street Can’t Get Enough
Move over, gold—the institutional floodgates are open. BlackRock’s spot Bitcoin ETF just racked up historic inflows faster than a hedge fund chasing the next bubble.
Why it matters: When the world’s largest asset manager goes all-in on crypto, even the skeptics check their Bloomberg terminals twice. This isn’t 2017’s retail frenzy—it’s suits writing nine-figure checks.
The irony? Same players who mocked ’magic internet money’ a decade ago now fight for custody slots. Guess those mining rigs look better than negative-yielding bonds after all.