This BlackRock ETF Could Soar 12,400%, According to Billionaire Michael Saylor
From Nasdaq
June 4, 2025 07:45 am:
BlackRock, with $12 trillion in assets under management, launched a successful ETF in early 2024. A bullish forecast suggests the ETF could soar 12,400% in the next 20 years, appealing to investors who are optimistic about the underlying asset’s potential.
Bitcoin has surged 46,760% in the past decade, with a current price of $106,000. MicroStrategy’s Michael Saylor predicts Bitcoin could reach $13 million by 2045, driven by a shift of global wealth to the cryptocurrency.
The iShares Bitcoin Trust, approved by the SEC in 2024, is a popular spot Bitcoin ETF managed by BlackRock. With a 0.25% expense ratio, it offers a convenient way for investors to gain exposure to Bitcoin without self-custody solutions.
While Saylor’s price targets for Bitcoin are bold, the iShares Bitcoin Trust offers a way to potentially benefit from his perspective. Investors should consider learning more about Bitcoin before deciding to invest in this ETF for the long term.
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