You Won’t Believe How Fast BlackRock’s Bitcoin ETF Skyrocketed Past $80 Billion! 🤯💸

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Guess what? Senior Bloomberg wizard Eric Balchunas just dropped a truth bomb: BlackRock’s Bitcoin (BTC) ETF has shot past the $80 billion milestone faster than you can say “to the moon!” 🚀

In a gripping saga on the social media platform X (because apparently “Twitter” is so last season), Balchunas revealed that the iShares Bitcoin Trust ETF (IBIT) is flaunting a hefty $83 billion—making it the 21st largest ETF on the block. How charming. 🎉

“IBIT blew through the $80 billion mark [on Friday], the fastest ETF to get there in 374 days—about 5 times quicker than the previous slowpoke record set by VOO, which took an excruciatingly long 1,814 days.”

And if that’s not enough to make you raise an eyebrow, Balchunas continued on his tirade, explaining how Bitcoin’s epic rallies are like the icing on the ETF cake, adding layers to the entire Bitcoin-based ETF pie. 🍰

“In fact, total assets for all those shiny spot Bitcoin ETFs crossed $140 billion for the first time ever! They raked in over $1 billion just last night—but let’s be real, it was the massive price jump that basically did all the heavy lifting here. Talk about cardio!”

Oh, and hold your horses! Balchunas also mentioned that BlackRock’s Ethereum (ETH)-based ETF (ETHA) decided it was time to shine, sprinting into the top 10 inflows. 🌟

“Don’t look now, but ETHA’s strutting in at the 6th spot on the weekly flow leaderboard. $675 million in a week is no laughing matter, though it’s still playing second fiddle to BTC’s IBIT, which snatched an outrageous $1.7 billion. Cue the dramatic music!”

As of now, BTC and IBIT are mingling at $122,260 and $67.21, respectively, while ETH and ETHA are kicking back at $3,031 and $22.80. Who knew finance could be such a soap opera? 🎭

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2025-07-14 17:52