CoinDesk Podcast Network

BITCOIN SEASON 2: Larry Fink’s Bitcoin ETF Is Eating Wall Street

Oct 4, 2025
Bitcoin is soaring, reaching near $121K as BlackRock's ETF breaks into the top 20. The hash rate has hit a historic 1 zettahash, driving optimism in the market. Mining stocks have surged an astonishing 624%, fueled by AI pivots. Retail investors are flocking to ETFs, enhancing mainstream adoption. Ordinals are experiencing a revival, with trading activity showing promising signs. Join the discussion on these thrilling developments in the crypto landscape!
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INSIGHT

BlackRock ETF Hits Top 20

  • BlackRock's iShares Bitcoin ETF (IBIT) climbed into the top 20 ETFs by AUM, showing rapid mainstream adoption.
  • That rise signals ETFs are capturing retail flows that previously seemed absent from on-chain metrics.
INSIGHT

Retail Is Hiding In ETFs

  • Retail investors are showing up via spot Bitcoin ETFs rather than on-chain markets or exchanges.
  • ETFs provide a familiar channel for older generations and retirement accounts to gain Bitcoin exposure.
ADVICE

Watch ETF Flows Closely

  • Monitor ETF inflows as a primary market signal because they show large, sustained capital movements into Bitcoin.
  • Track IBIT closely since BlackRock dominates ETF flows and can move market liquidity materially.
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