- Michael Saylor predicts BlackRock’s IBIT will become the world’s largest ETF within a decade, citing massive inflows and rising institutional demand.
- He believes Bitcoin is superior to cash and expects corporate adoption of BTC to accelerate rapidly.
At the recent Bitcoin Standard Corporations Investor Day in New York City, MicroStrategy Executive Chairman Michael Saylor made a bold proclamation: BlackRock’s Bitcoin ETF, known as IBIT, will become the largest ETF in the world within the next decade.
“IBIT is going to be the largest ETF in the world,” Saylor said to a room full of corporate leaders and institutional investors. It’s a lofty prediction, but not without early signs to support it. Launched on January 11, 2024, IBIT has already racked up over $53 billion in assets, smashing ETF growth records and outpacing all of its peers since inception. Within just seven weeks of launch, it had crossed the $10 billion mark—faster than any ETF in history.
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While the Vanguard S&P 500 ETF still reigns supreme at $573 billion AUM, Saylor believes Bitcoin’s rising value could level the playing field. If Bitcoin triples in price, he argues, IBIT’s asset pool could skyrocket—and potentially give MicroStrategy the largest corporate cash reserve globally.
Saylor didn’t just talk numbers. He painted Bitcoin as the new cornerstone for corporate finance. “Cash is weak,” he declared, calling Bitcoin “better than cash” and a hedge against inflation. As traditional currencies lose purchasing power, he believes more companies will pivot their balance sheets toward Bitcoin—and by extension, Bitcoin ETFs.
Institutional interest is certainly growing. Despite recent crypto volatility, April 23 alone saw over $643 million in inflows into IBIT. Cumulatively, US spot Bitcoin ETFs have pulled in more than $37 billion, holding over $106 billion in total assets.
And it’s not just market forces driving the shift. With political tailwinds—including Federal Reserve policy continuity and pro-Bitcoin voices in regulatory circles—investors are warming up to crypto as a legitimate strategic asset.
“The institutional adoption of Bitcoin,” Saylor said, “has only just started.” If his prediction comes true, IBIT won’t just be a milestone for Bitcoin—it could be a symbol of Wall Street’s full embrace of digital assets.