Michael Saylor, known in the industry as the 'Bitcoin Father', has recently made bold claims again! At the New York Investment Summit, he confidently guaranteed that BlackRock's iShares Bitcoin ETF (IBIT) will become the largest ETF in the world within ten years, leaving behind old contenders like gold and stocks!

Why is he so confident?:

1. The 'central bank' of Bitcoin is in charge: Saylor's MicroStrategy has invested $550 million, hoarding 6,556 Bitcoins, with a total holding of 538,000 Bitcoins (worth $36.5 billion), equivalent to the 'national treasury' of the Bitcoin world.


2. IBIT's performance is dazzling: since its launch in January last year, IBIT's managed scale has surged to $52.3 billion, capturing nearly 50% of the U.S. Bitcoin ETF market, leaving old rival Fidelity and Invesco far behind.

3. The history of Bitcoin ETFs skyrocketing: this type of product has caught up with the 20-year accumulation of gold ETFs in just one year, with a total scale now reaching $95 billion, holding over 1 million Bitcoins, it's like riding a rocket.

Bitcoin is currently at $92,000, just one step away from the $100,000 mark. Is Saylor's prophecy a fantasy or genuine insight? Let's look at these amazing predictions:

  • He predicts that Bitcoin could rise to $3 trillion to $49 trillion by 2045 (equivalent to a 300-fold increase from now).

  • BlackRock's CEO said if institutions invest 2%-5% of their assets in Bitcoin, the price could soar to $700,000.

  • Wall Street bigwigs are going on a buying spree: the Millennium hedge fund increased its IBIT holdings by 116% in Q3 last year, while Tudor Jones increased by 409%.

But don't just watch the excitement; this fast train of Bitcoin isn't for everyone:

1. It has been halved three times in the past five years, with volatility more thrilling than a roller coaster.

2. It is becoming increasingly correlated with U.S. stocks, which could lead to a double blow during a stock market crash.

3. Regulatory policies can change unexpectedly; Trump just mentioned establishing a national Bitcoin reserve, who knows what will happen next.

Currently, IBIT has seen a net inflow of funds for 70 consecutive days, challenging the status of gold ETFs.

In this century-old showdown of Bitcoin vs. gold, who do you think will come out on top?

The chives that got on the bus first are already counting their money, but make sure to fasten your seatbelt before you get on!