BlackRock’s Bitcoin ETF: The Absurdly Fast $100B Rocket 🚀💸

by

Key Takeaways (Or: The Universe’s Most Ridiculous Financial Rollercoaster) 🌌🎢

Why is BlackRock’s $100B Bitcoin ETF target so bonkers? 🤯

IBIT is sprinting toward $100 billion AUM in under 450 days-faster than a pan-galactic gargle blaster can ruin your morning. 🏎️💨

What’s the impact of BlackRock’s IBIT on BTC price? (Spoiler: It’s not a Vogon poem) 📈🚫

It’s fueling spot-market demand like a hyperdrive on a spaceship full of impatient investors. 🚀💰

BlackRock’s iShares Bitcoin [BTC] Trust ETF (IBIT) has shattered records like a Hitchhiker’s Guide to the Galaxy fan trying to understand tax laws. Now it’s on track to hit $100 billion AUM-because why not? 🤑📚

This ETF will be the fastest to hit that target, and it’s currently the most profitable thing in BlackRock’s lineup since the invention of the towel. 🏆🛁

At less than two years old, IBIT’s growth is “absurd,” according to Bloomberg ETF analyst Eric Balchunas. It’s raked in $244 million in annual revenue based on an AUM of $97.8 billion-which is roughly the cost of a cup of tea in the Restaurant at the End of the Universe. ☕💸

$50B added to AUM in 2025 (Or: How to Make Marvin the Paranoid Android Even More Jealous) 🤖💔

In 2024, IBIT closed the year with $51 billion in AUM. The average BTC price was $93,000-which is still cheaper than a three-course meal at Milliways. 🥂🍴

Despite Q1 2025 headwinds and tariff wars dragging AUM to $47 billion, it’s rebounded to over $97 billion as of October. That’s $50 billion added this year-enough to make Zaphod Beeblebrox say, “Wow, that’s a lot of hoopy froods.” 🌟💵

If this pace continues, IBIT could cross the $100 billion mark by October-faster than you can say “42.” 🔢💨

ETF Store founder Nate Geraci pointed out that the world’s largest ETF took five years to hit $100 billion. IBIT’s doing it in under 450 days. “Easily the fastest ever,” he said, probably while sipping a Pan-Galactic Gargle Blaster. 🍸🏆

“World’s largest ETF, Vanguard S&P 500 ETF, took 2,000+ days to hit that mark. IBIT is about to do it in < 450 days. Easily fastest ever.”

Bitcoin ETFs Dominate Inflows as Ethereum Lags (Or: The Great Space Race Continues) 🌕🏎️

BTC ETFs, led by IBIT, have surpassed Ethereum [ETH] ETF inflows in H2. According to CryptoQuant, BTC ETFs absorbed $4.61 billion in the last 30 days, while ETH ETFs lagged with $1.05 billion-probably because they were busy arguing with Deep Thought. 🤖💤

CryptoQuant analyst JA Maartunn noted this shift implies a rotation from ETH to BTC, which could stall the ETH/BTC rally seen in Q3. Meanwhile, BTC’s price hit a new all-time high of $126.1K, though it’s since slipped to $124K-because even rockets need a breather. 🚀💨

Key liquidity pools at $118K, $120K, and $127K-$130K are the price targets to watch-unless you’re Arthur Dent, in which case you’re probably just watching the tea cool. ☕🚀

Read More

2025-10-07 13:16