By Emir Abyazov The world’s largest asset manager, BlackRock (BLK), now gets more annual fees from its spot Bitcoin ETF than from its flagship S&P 500 fund. This is reported by Bloomberg, citing a recent report. Everyone watches revenue. But lets watch incentives. BlackRock makes same money on $75B in Bitcoin and $624B in S&P. […]
Tag: IBIT
By Marco Piccolo Key highlights: U.S. spot Bitcoin ETFs recorded their eighth consecutive day of net inflows, totaling $389.5 million on June 18. BlackRock’s IBIT dominated inflows, accounting for over 96% of the recent $2.4 billion streak. Despite geopolitical tensions between Israel and Iran, Bitcoin stabilized in the $104K–$105K range, reflecting a “risk-off, then stabilize” […]
By Ethan Defiant Optimism: MicroStrategy’s Michael Saylor dismisses “crypto winter” fears, declaring Bitcoin’s path is either “zero or $1 million”—with zero looking increasingly improbable. Supply Squeeze: Only 450 new BTC enter circulation daily $50M at current prices), while institutional demand soaks up supply. Corporate Dominance: Public companies like MicroStrategy now hold 582,000 BTC $63.85B), while […]