‘No BlackRock, no party’ for Bitcoin, altcoin ETF investments: K33 Research

9 hours ago

BlackRock was the lone crushed Bitcoin ETF investments didn’t crook antagonistic successful 2025, raising concerns for altcoin ETF show without the plus manager.

The long-awaited support of altcoin exchange-traded funds (ETFs) whitethorn not bring the monolithic inflows investors expect without information from plus absorption elephantine BlackRock, according to marketplace data.

BlackRock’s iShares Bitcoin Trust ETF accounted for implicit $28.1 cardinal of the full $26.9 cardinal inflows to US spot Bitcoin ETFs successful 2025 truthful far.

Without BlackRock’s fund, the spot Bitcoin ETFs recorded a cumulative nett outflow of $1.27 cardinal year-to-date (YTD), according to K33’s caput of research, Vetle Lunde.

The inflows from spot Bitcoin ETFs were the superior operator of Bitcoin (BTC) terms momentum successful 2025, Standard Chartered’s planetary caput of integer assets research, Geoff Kendrick, told Cointelegraph recently.

BlackRock is the world’s largest plus absorption firm, with $13.5 trillion successful assets nether absorption arsenic of the 3rd 4th of 2025.

BlackRock’s lack whitethorn burst the bubble astatine altcoin ETF party

Based connected the dynamic seen successful Bitcoin ETF investments, BlackRock’s lack from the altcoin ETF question whitethorn bounds the full inflows and their imaginable upside interaction connected the underlying cryptocurrencies, according to Lunde.

“No BlackRock, nary party,” Lunde wrote connected X. “BlackRock is absent from the imminent altcoin ETF wave. Opportunity for competitors to unafraid beardown flows, but connected net, apt limiting for wide flows.”

Despite the deficiency of engagement from the world’s largest plus manager, immoderate analysts stay optimistic astir the adjacent procreation of ETFs.

Notably, the archetypal Solana (SOL) staking ETF could pull up to $6 cardinal of capital wrong the archetypal year, Bitget exchange’s main analyst, Ryan Lee, told Cointelegraph.

Multinational concern slope JPMorgan besides predicted that a Solana ETF would attract $3 cardinal to $6 billion and an XRP ETF would garner $4 cardinal to $8 cardinal successful caller investments, based connected the adoption complaint of Bitcoin and Ether ETFs.

Bitcoin ETFs had a 6% adoption complaint and Ether ETFs astir 3% during their archetypal six months, meaning Bitcoin ETFs attracted astir 6% of BTC’s full marketplace capitalization successful that period.