BlackRock Bitcoin ETF breaks all records - These numbers are incredible

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Investors are torn in the crypto market. While some believe that the major correction due to the conflict in the Middle East is yet to come, others are convinced that the war is already priced in. It turns out that it's primarily private investors who are concerned about this, as they usually have shorter investment horizons. On the institutional side, a completely different behavior is evident, as Bloomberg analyst Eric Balchunas points out today.

The launch of Spot Bitcoin ETFs in the US was a game-changer for Bitcoin. Since then, institutional investors have jumped in on a massive scale. The Bitcoin price has performed strongly in the year and a half since the exchange-traded funds were approved. BlackRock is by far the largest issuer of such an ETF, and while the numbers here have been impressive from the start, Eric Balchunas's recent comparison highlights just how popular BlackRock's Bitcoin ETF truly is.

BlackRock's $IBIT Bitcoin ETF is the fourth-largest ETF in terms of capital inflows since the turn of the year. This is even more impressive when you consider the capital inflows over the past three years. BlackRock's iShares Bitcoin Trust ETF ranks fifth in terms of capital inflows over the past three years. The crazy thing is, the fund has only been around for a year and a half. So if BlackRock's iShares Bitcoin ETF also lasts three years, it should rank even higher.

It quickly becomes clear that there's no stopping institutional investors. Ultimately, this is also the investor group that brings the big money into the market and influences the price. This means there's a good chance that Bitcoin's multi-million dollar price targets will actually become reality, even if political events will repeatedly cause short-term corrections.

Investors who bet on the BTC Bull Token ($BTCBULL) could benefit twice from this development. What's good for Bitcoin in the long run usually also has a positive impact on the entire crypto market. However, the BTC Bull Token goes one step further. It's the first altcoin directly linked to Bitcoin's price performance, with a unique reward system that offers investors double the benefits.

The principle behind it is simple yet effective. Whenever Bitcoin reaches certain price levels, $BTCBULL holders are rewarded. The starting point is $125,000. From this level, every additional $25,000 is alternately followed by either a token burn or a Bitcoin airdrop. Token burns permanently reduce the supply of $BTCBULL tokens, which potentially has a positive impact on the price. With airdrops, however, holders receive Bitcoin directly. The more $BTCBULL you own, the larger your share of the airdrop.

The concept seems to be well-received by investors. The $BTCBULL token isn't even traded on crypto exchanges yet, but is currently available for pre-sale, and investors have already invested over $7 million. This leads analysts to believe that the price could quickly increase five to tenfold after the listing, given the already high demand and the BTC Bull token's clear differentiation from the crowd. However, the pre-sale ends in just a few days. After that, entry could become significantly more expensive.

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