Institutional FOMO In Crypto - A $57B ETF Experiment With No Guarantee Of A Happy Ending
In less than two years, BlackRock's iShares Bitcoin (BTC) Trust has accumulated over 800,000 BTC - more than $100 billion in assets at its peak - while a single publicly traded company, Strategy, has amassed 738,731 Bitcoin on its balance sheet through a rolling program of equity issuance and debt.