Core Insights - The potential for Bitcoin to reach $1 million could create a new generation of millionaires, with 241,700 crypto millionaires reported globally as of September, marking a 40% year-over-year increase [1][2] - The iShares Bitcoin Trust ETF is seen as a potential vehicle for investors to achieve millionaire status, particularly if Bitcoin's price appreciates significantly [3][5] Bitcoin Millionaires - 69,000 new millionaires were created in the 12 months ending September 2025, with 60% of them achieving this status through Bitcoin [2] - The current price of Bitcoin is approximately $91,950, while the iShares ETF is priced at $52.09, requiring investors to own 1,754.30 shares to equal one Bitcoin [4][5] Investment Dynamics - For the iShares ETF to create millionaires, Bitcoin would need to increase over 11 times from current levels, or investors would need to hold a substantial number of ETF shares for smaller price increases to lead to millionaire status [5][8] - Notable endorsements for the iShares Bitcoin ETF include Harvard Management Co., which has significantly increased its stake in the fund, indicating growing support from institutional investors [9][10]
Is iShares Bitcoin Trust ETF a Millionaire Maker?
The Motley Fool·2025-11-23 14:05