Michael Saylor: BlackRock’s Bitcoin ETF Will Be World’s Largest in a Decade

Michael Saylor, executive chairman of Strategy and one of Bitcoin’s most vocal corporate advocates, has made another bold proclamation for the digital asset’s future. Speaking at the Bitcoin Standard Corporation’s Investor Day, Saylor stated that “IBIT will be the biggest ETF in the world in ten years,” referring to BlackRock’s iShares Bitcoin Trust (IBIT).Trade Crypto on KrakenThe comment reflects Saylor’s unwavering conviction in Bitcoin’s long-term potential and the accelerating institutional adoption it is currently experiencing. Given the exponential growth of Bitcoin ETFs and the broader enthusiasm around spot Bitcoin products, his prediction is drawing both interest and skepticism from industry analysts.As of April 2025, BlackRock’s IBIT holds approximately $54.4 billion in assets under management (AUM). On a single trading day, it recorded over $1.5 billion in volume, placing it among the most actively traded ETFs globally. However, it still has a long road ahead to surpass the current leader: the Vanguard S&P 500 ETF (VOO), which boasts a market capitalization of $593.5 billion, which is more than ten times that of IBIT.IBIT currently leads the pack of Bitcoin ETFs by a substantial margin:This leadership among Bitcoin ETFs demonstrates strong investor interest and sets a foundation for potential long-term growth.Eric Balchunas, Senior ETF Analyst at Bloomberg, acknowledged that IBIT’s ascent to the top is theoretically possible, though it would require “extraordinary” market dynamics.I would never say never re $IBIT bc it broke every conceivable record it’s rookie year but.. King VOO is curr 10x bigger and hauls in 5x more cash every day = would take a flat or negative decade for US stocks while btc moons. https://t.co/2htftYoVyDSuch sustained inflows would likely require significant adoption across institutional portfolios, national treasuries, and a continued bullish trajectory for Bitcoin itself.Saylor’s bold prediction also hinges heavily on Bitcoin’s price performance over the next decade. If the cryptocurrency achieves even a fraction of the appreciation forecasted by leading research firms, the capital influx into Bitcoin ETFs like IBIT could be monumental.ARK Invest, led by Cathie Wood, recently revised its bull case target for Bitcoin to $2.4 million by 2030, a 60% increase from its January 2024 forecast. The firm’s updated model adjusts for active supply, excluding long-lost or long-held coins, and now reflects a 72% compound annual growth rate (CAGR) from December 2023 through 2030. ARK laid out the following projections:According to ARK analyst David Puell, the projections are grounded in Bitcoin’s expected penetration across various markets, including:Get Started on Kraken