The world’s biggest asset manager is no longer flirting with crypto — it’s moving in.
BlackRock’s spot Bitcoin ETF, IBIT, just hit 72.4B AUM, placing it among the top 25 ETFs in the U.S. That’s in just 1.4 years — a growth curve that would make even Satoshi raise an eyebrow.
And if that wasn't enough? BlackRock just sold 130M in BTC and bought 69M in ETH.
Welcome to Crypto Phase Two — institutional edition.
According to Bloomberg’s Eric Balchunas, IBIT’s rise is historic:
If trends hold, IBIT may surpass the wallet tied to Satoshi, making BlackRock the largest BTC holder on Earth — albeit via ETF custody.
“This is how Bitcoin becomes part of the global financial operating system.” — Everyone watching right now
The IBIT effect isn’t just about volume. It’s about cultural validation.
This is how Bitcoin gets embedded into traditional portfolios — by stealth and spreadsheet.
From May 30 to June 2, BlackRock:
Is this a macro hedge? A portfolio rebalance? A sign of the next rotation?
The signs are stacking up:
BlackRock is hedging its bet — and Ethereum is the next logical move.
BlackRock’s official line:
“We adjust portfolios based on macro conditions, regulation, and investor goals.”
Translation: “We know exactly what we’re doing.”
Analysts believe this is a long-term shift, not a flip trade. Think index-style crypto allocation: 70/20/10 across BTC/ETH/Other — the kind of strategy that rewrites portfolio theory textbooks.
*� Short term:
⏳ Medium term:
*� Long term:
This isn’t just Wall Street meeting Web3. It’s Wall Street becoming Web3 — one ETF at a time.
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