Bitwise News & Analysis Today

  • The approval of the first spot Bitcoin-based exchange-traded funds has permanently reshaped the market. After the launch of the first Bitcoin ETFs in January 2024, institutional investors gained direct access to Bitcoin for the first time. The impact was immediate: IBIT became the most successful ETF product in stock market history and, for its manager BlackRock, the most profitable financial instrument. Today, the total assets under management across all Bitcoin ETFs exceed 120 billion USD, and the influx of capital is expected to accelerate in 2026.