Billionaires Are Buying a BlackRock ETF -- It Could Soar Up to 8,990%, According to Wall Street Experts

Core Insights - The iShares Bitcoin Trust is expected to see significant growth as more asset managers and companies invest in Bitcoin [1][4] - Institutional and corporate adoption of Bitcoin is increasing, driving demand for the cryptocurrency [8] Institutional Adoption - Institutional investors, controlling approximately $130 trillion in assets, are beginning to invest in Bitcoin due to regulatory changes and the approval of spot Bitcoin ETFs [9] - The number of large asset managers owning positions in the iShares Bitcoin Trust rose by 150% over the past year, with shares owned increasing by 200% [10] Corporate Adoption - Strategy (formerly MicroStrategy) has become a major Bitcoin investment vehicle, owning 636,505 Bitcoin, which is 3% of the total supply, and has seen a market cap increase of 6,500% [11] - Other companies, including Block, Mara, Semler Scientific, Tesla, and Trump Media & Technology Group, are also using Bitcoin as a corporate treasury asset, with total Bitcoin ownership by public and private companies rising by 95% over the past year [12] Investment Vehicle Comparison - Owning a spot Bitcoin ETF like the iShares Bitcoin Trust is simpler and less expensive than directly owning Bitcoin, which often involves higher transaction fees and account management complexities [13][14]