Wall Street's New Whales: The ETFs

BlackRock's IBIT became the fastest ETF ever to $70B, custodying hundreds of thousands of BTC.

The top 3

  1. IBIT: The Record-Breaker: Launched Jan 2024, the iShares Bitcoin Trust smashed asset-gathering records faster than any ETF in history.
  2. How Much BTC the ETFs Hold Together: US spot Bitcoin ETFs collectively custody over a million BTC, forming a new institutional power bloc.
  3. Who Actually Holds the Keys: Most ETF coins sit with custodians like Coinbase, so you own shares, not the private keys.

Sources

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