BlackRock is glad they got into the bitcoin business
Their Bitcoin ETF has double the assets their Gold ETF has...
This is pretty funny.
The BlackRock bitcoin ETF IBIT is now significantly larger than their Gold ETF.
Check this out:
(Source: https://x.com/BitcoinNewsCom/status/1869072567434453339/photo/1)
The gold etf has existed for roughly 20 years.
Not bad considering the bitcoin etf didn't even exist last year.
Can you imagine how big this bitcoin ETF might be 20 years from now?
I have a guess... and it's not a small guess.