Michael Saylor Predicts BlackRock’s Bitcoin ETF Will Be the Biggest of the Decade!

Jakarta, Pintu News – Michael Saylor, Executive Chairman of Strategy Inc. recently made a bold statement regarding the future of BlackRock’s iShares Bitcoin ETF (IBIT) during an investor event in New York City.

At a Bitcoin conference organized by Bitwise, Saylor predicted that IBIT will become the world’s largest exchange-traded fund (ETF) within the next ten years. This prediction is supported by his company’s deep involvement in the Bitcoin (BTC) market.

Check out the full news below!

Michael Saylor and the BlackRock Bitcoin ETF

In a report posted by American journalist, Eleanor Terrett, on the X platform, Michael Saylor stated confidently that IBIT will become the world’s largest ETF in the next decade.

Strategy currently owns 538,200 units of Bitcoin (BTC), with the last purchase being 6,556 BTC at an average price of $84,785 per unit, resulting in an expenditure of approximately $555.80 million. The total value of Strategy’s Bitcoin (BTC) holdings now stands at $36.47 billion, with an average price per unit of $67,766. Saylor’s comments about IBIT are not just nonsense, but are based on his long-term belief in the digital currency.

Read also: Citi Institute Prediction: “Stablecoin Market to Reach $3.7 Trillion by 2030!”

Current Achievements of BlackRock Bitcoin ETFs

Since gaining approval last year, BlackRock’s iShares Bitcoin Trust has experienced significant growth. According to a CoinGape report, assets under management had surpassed $50 billion by December 2024 and increased to $52.33 billion by January 2025, when the Bitcoin (BTC) ETF turned one year old.

This growth makes IBIT the largest Bitcoin (BTC) ETF, surpassing Invesco’s QQQ Trust Series and Fidelity’s Wise Origin Bitcoin Fund. Currently, spot Bitcoin (BTC) ETFs manage more than one million units worth over $95 billion, with IBIT accounting for nearly 48.7% of the spot Bitcoin (BTC) ETF market in the US.

Also read: 3 Crypto Pump.Fun to Watch at the End of April 2025!

Bitcoin Growth and Market Outlook

Data from CoinMarketCap shows that Bitcoin (BTC) is trading at $92,889.25, down 0.97% in the last 24 hours. Bitcoin (BTC) recently surpassed Silver and Amazon, becoming the sixth most valuable asset in the world.

This increased demand is driven by inflation fears and broader global uncertainty, with investors seeking Bitcoin (BTC) as a long-term hedge and store of value. Bitcoin (BTC) is approaching $95,000, a significant psychological level, and previous price analysis suggests that the coin is on a path towards $98,000.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Michael Saylor Issues BlackRock Bitcoin ETF (iBit) Prediction. Accessed on April 25, 2025
• Featured Image: Viska Digital