A certain giant asset management firm's BTC ETF has become so popular that even their senior executives in Brazil are shocked—this thing is now at the level of a company money printer, with returns that outshine those established fund products that have been around for over twenty years.

The data is even more exaggerated. Globally, the total volume of this type of BTC spot ETF is approaching the $100 billion mark, with holdings exceeding 3% of the circulating BTC supply. Just from management fees alone, the annual profit starts at $245 million.

The key is that the momentum is still rising. Institutional funds from Wall Street are pouring in like a dam has been opened, and this continuous buying support is the strongest moat for the BTC price.

BTC-1.17%

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AlphaBrain

· 12-02 07:35

Traditional funds really can't sit still now, making a windfall of 245 million is still a small amount. Wall Street is really all in this time; with such a strong moat, it's hard for Bitcoin not to rise. ETF is just smashing the shackles that prevent institutions from legally buying coins. Wait a minute, can this 3% Circulating Supply figure go even higher? This is the real institutional dividend, more substantial than any Halving effect.

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ContractHunter

· 12-01 14:21

These people on Wall Street are really something, treating Bitcoin like an ATM. Wow, 3% of the Circulating Supply is in their hands, how can we play this? Bitcoin is no longer a game for retail investors; it has been completely institutionalized. $245 million in management fees, this is really making money while lying down... Old money is really cunning, using this compliant ETF strategy to directly consume all the rise. With management fees able to earn $245 million, the giants are smiling happily. This is why we need to follow on-chain data, to see who is Coin Hoarding and who is selling. The moat is really just a continuous inflow of large capital buying, no wonder the price is so firm. The once "digital gold" has become the new darling of Wall Street, which is a bit ironic. The entrance of institutions was originally a good thing, but the concentration is too high now. A $100 billion cake, they really enjoy it.

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OnchainHolmes

· 12-01 12:25

Wow, this is why traditional finance giants have been rushing to tap into BTC recently. This thing has really become a money-sucking black hole, with management fees generating a passive income of 245 million, no wonder even the executives are excited. The most outrageous part is the 3% circulating supply; this move from Wall Street is truly fierce. --- But to be honest, how long this moat can hold depends, what if the policy direction changes? --- A 100 billion dollar market cap, this is no small play anymore; the real tide of big funds has arrived. --- Old fund managers must feel so uncomfortable looking at this data; twenty years of returns can’t match this new stuff in just one year. --- The opened floodgates of funds are pouring in, and the level of centralization has increased again; it's getting a bit unsustainable.

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Hash_Bandit

· 11-30 11:53

lol the old guard's finally realizing btc etfs aren't just hype... took them long enough tbh

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ser_we_are_early

· 11-30 11:34

Traditional finance really can't compete with BTC anymore, two hundred years of experience has been rubbed against the ground --- A scale of 100 billion USD is just the beginning, the institutional buy the dip trend has arrived --- Earning 245 million in management fees while lying down, this is the real wealth code --- Wall Street's money bag has opened, the ceiling for BTC is gone --- The term "moat" is used perfectly, institutional buying pressure is the strongest support in market --- Are the high-level officials in Brazil shocked? Haha, they must have never seen such a return rate --- 3% of the controlling Circulating Supply, this weight is a bit terrifying --- For those still looking to fall, are you sure you haven't misread the data?

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