Blackrock clients salivate over your paperhands

ETF holdings are still at essentially record highs, and they are not exiting.

$IBIT holdings on Jan 19th 2025, 559.9K BTC (@ $109,000/BTC)

$IBIT holdings on Mar 12th 2025, 568.5K BTC (@ $81,000/BTC)

Institutional whales have continued stacking. They are stacking your paper handed BTC.