
Vetle Lunde|Oct 28, 2025 09:30
No BlackRock, no party?
BTC ETFs are up 26.9bn YTD, yet 28.1bn stems from BlackRock’s IBIT. Ex-IBIT, flows are negative.
BlackRock is absent from the imminent altcoin ETF wave. Opportunity for competitors to secure strong flows, but on net, likely limiting for overall flows. (Vetle Lunde)