At the Bitcoin Standard Corporations Investor Day held in New York City on Thursday, Michael Saylor, Executive Chairman of MicroStrategy, told a room packed with corporate executives and institutional investors that BlackRock’s Bitcoin ETF, also called IBIT, will outgrow every ETF on the planet within ten years.
“IBIT is going to be the largest ETF in the world,” Saylor said during his talk. The ETF was launched on January 11, 2024, and by press time, it has pulled in more than $53 billion in net assets. Within just seven weeks of launch, IBIT reached $10 billion, which made it the fastest-growing ETF in history.
On April 22, the ETF had a 37.31% one-year return, and just a day later it raked in $643.16 million in new inflows—despite the current messiness of crypto prices.
Saylor called Bitcoin the new anchor for corporate treasury strategy. He said companies are waking up to the fact that cash is weak and unstable in the long term. In his words, Bitcoin is “better than cash,” and he described it as a kind of future-proof money that can protect firms from inflation.
Saylor said demand for Bitcoin-backed financial products like ETFs will rise as more companies start allocating their balance sheets into Bitcoin instead of letting inflation eat away at their fiat holdings.
Bitcoin ETF inflows explode as institutions pile in
While IBIT currently holds about $48 billion in assets under management, it’s still far behind giants like the Vanguard S&P 500 ETF, which holds $573 billion.
But Saylor believes that IBIT could catch up fast if Bitcoin triples in value. He even said that it could give MicroStrategy the biggest cash reserve in the world.
Since spot Bitcoin ETFs hit the US market, they’ve collected more than $37 billion in total net inflows. Together, they now control over $106.39 billion in assets.
Out of all these, IBIT is the biggest one out there. It even picked up the “Best New ETF” award at the etf.com awards—a detail that Saylor made sure everyone in the room heard.
Part of what’s helping ETFs gain attention is what’s happening in the political and economic space. Bitcoin broke past $90,000 recently. Traders tied that price move to President Donald Trump’s comment about possibly cutting Chinese import tariffs, and the announcement that Jerome Powell will keep his position as Federal Reserve Chairman.
Another factor was SEC Chairman Paul Atkins, who has openly supported BTC and crypto in general, so with him in charge, traders have more clarity on where US policy might lean.
After some weak inflows in early April, the recent flood of money into Bitcoin ETFs shows that investors are trusting BTC again. Not just as some risky bet, but as something they now see as a strategic asset and a possible inflation solution.
With the US dollar weakening and expectations rising for a Federal Reserve rate cut in mid-2025, institutional buyers are starting to return. Some investors still worry about trade policy uncertainty and rising inflation, but for now, they’re putting money into Bitcoin again.
Saylor’s main point was that this is just the beginning for Wall Street. He said, “Institutional adoption has only just started.”
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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