Key Insights:
Bitcoin ETF demand drew first-time fund buyers into TradFi.
IBIT outflows tested BlackRock’s widening product push.
Covered-call funds showed Wall Street’s next Bitcoin structure.
BlackRock’s spot Bitcoin exchange-traded fund (ETF) pulled crypto buyers into traditional finance this week, reversing the original adoption story. Jay Jacobs, BlackRock’s U.S. head of equity exchange-traded funds, said IBIT introduced many first-time ETF buyers to the fund market.
The Bitcoin ETF market had pitched regulated wrappers as a bridge into digital assets. That bridge now worked in reverse, as crypto-native buyers used IBIT before adding stock, gold, and thematic funds.
The shift gave BlackRock a broader relationship with investors who first arrived through Bitcoin. It also gave the issuer a data trail across risk appetite, portfolio size, and product migration.
Bitcoin ETF Flows Turn Against IBIT
Jacobs said around three-quarters of BlackRock Bitcoin ETF (IBIT)
We współpracy z: https://www.thecoinrepublic.com/2026/06/19/bitcoin-etf-twist-blackrocks-ibit-pulls-traders-into-tradfi/
