BlackRock names bitcoin ETF a top 2025 theme despite price slump
CoinDesk
BlackRock listed its underperforming iShares Bitcoin Trust (IBIT) as a top 2025 investment theme, signaling long-term commitment.Summary
Despite Bitcoin's year-to-date price decline and the underperformance of its iShares Bitcoin Trust (IBIT), BlackRock designated IBIT as one of its top three investment themes for 2025, alongside traditional offerings like SGOV and TOPT. This move is notable because asset managers typically promote their highest-revenue or top-performing funds. Analysts suggest this signals BlackRock's strong, long-term conviction that Bitcoin belongs in diversified portfolios, potentially shifting perceptions for investors who still view crypto as speculative. Although IBIT has mirrored Bitcoin's drop, it has still attracted significant investor interest, ranking sixth among all ETFs for 2025 inflows with over $25 billion since January.
(Source：CoinDesk)