According to BlockBeats, Michael Saylor, Chairman of Strategy, has expressed confidence that BlackRock's IBIT will emerge as the world's largest ETF within the next ten years. Currently, IBIT has a market capitalization of $54 billion, with a trading volume exceeding $1.5 billion on Thursday. In comparison, the largest ETF at present is the Vanguard S&P 500 ETF (VOO), boasting a market capitalization of $593.5 billion, which is ten times larger than IBIT.
Over the past five trading days, IBIT has seen a net inflow of $1.3 billion, contributing to Bitcoin's price increase from approximately $85,000 to $94,000.