Michael Saylor: BlackRock IBIT will become the world's largest ETF within ten years

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Cointime2025/04/25 10:55

By:Cointime

Michael Saylor, founder of Strategy Company, stated that the iShares Bitcoin Trust (IBIT) launched by BlackRock will become the world's largest exchange-traded fund (ETF) in the next ten years. IBIT currently has a market value of $54 billion, with a daily trading volume exceeding $1.5 billion. In the past five trading days, the net inflow of the U.S. spot Bitcoin ETF was about $2.8 billion, with IBIT accounting for $1.3 billion, contributing to the rise in the price of Bitcoin from around $85,000 to $94,000. In addition, the annualized return of the arbitrage trading of the Bitcoin ETF on the Chicago Mercantile Exchange (CME) has reached nearly 10%, indicating an increase in market risk appetite.

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