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✍️ MicroStrategy's Michael Saylor predicts that BlackRock's iShares Bitcoin Trust will become the largest ETF in the world within 10 years, but experts are skeptical about the possibility.
👉 MicroStrategy's Michael Saylor predicts that BlackRock's iShares Bitcoin Trust will become the largest ETF in the world within 10 years
👉 IBIT's current asset base is over $54 billion, but experts are skeptical about the possibility
👉 Vanguard S&P 500 ETF has taken in over $51 billion in inflows this year alone
👉 IBIT would need to take in over $1 billion per day to close the gap organically
👉 BlackRock CEO Larry Fink predicts that Bitcoin could reach $500,000 to $700,000 per coin
👉 Bitcoin's borderless design is seen as a hedge against currency debasement and economic instability
#MichaelSaylor #NateGeraci #EricBalchunas #LarryFink #Davos #business
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At Bitwise’s Bitcoin Standard Corporations Investors Day, MicroStrategy executive chairman Michael Saylor set an audacious marker for the entire exchange-traded fund landscape, declaring that BlackRock’s iShares Bitcoin Trust (ticker: IBIT) will become “the biggest ETF in the world in ten years.” The remark instantly rippled through the ETF community, where practitioners are well-aware that the […]
https://bitcoinist.com/saylor-blackrock-bitcoin-etf-biggest-10-years/