BlackRock is absolutely eating the market.
$BTC ETFs (last 2 months):
$6.22B purchased
BlackRock alone: $4.8B
Fidelity: $1.14B
Other 10 ETFs combined: $280M
$ETH ETFs (last 3 months):
$3.1B purchased
BlackRock: $2.59B
Fidelity: $308.5M
Other 8 ETFs: ~$200M
This isn't diversification. This is BlackRock vacuuming up supply while everyone else scrambles for scraps.
Supply is capped. Demand is institutional. The math isn't complicated.
Where does price go when the biggest asset manager on Earth won't stop buying? 📈
$BTC ETFs (last 2 months):
$6.22B purchased
BlackRock alone: $4.8B
Fidelity: $1.14B
Other 10 ETFs combined: $280M
$ETH ETFs (last 3 months):
$3.1B purchased
BlackRock: $2.59B
Fidelity: $308.5M
Other 8 ETFs: ~$200M
This isn't diversification. This is BlackRock vacuuming up supply while everyone else scrambles for scraps.
Supply is capped. Demand is institutional. The math isn't complicated.
Where does price go when the biggest asset manager on Earth won't stop buying? 📈
