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BlackRock IBIT Predicted as Top ETF

Michael Saylor Predicts BlackRock’s IBIT to Dominate ETF Market

  • Michael Saylor predicts BlackRock’s IBIT will become the largest ETF globally within ten years.
  • Saylor’s firm, Strategy, owns 538,200 Bitcoin units valued at $36.47 billion.
  • IBIT is currently the largest Bitcoin ETF, surpassing Invesco QQQ Trust Series and Fidelity’s Wise Origin Bitcoin Fund.
  • The U.S. spot Bitcoin ETF market holds over 1 million units worth more than $95 billion, with IBIT controlling nearly 48.7%.

Michael Saylor forecasts that BlackRock’s IBIT will be the world’s largest ETF in a decade, supported by his firm’s significant Bitcoin holdings and the rapid growth of Bitcoin ETFs compared to gold ETFs.

Source (2.6)https://coingape.com/michael-saylor-issues-blackrock-bitcoin-etf-ibit-prediction/?rand=24432
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