BlackRock names bitcoin ETF a top 2025 theme despite price slump
BlackRock named its iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) one of the top three investment themes for 2025, a striking move given bitcoin’s BTC$88,697.50 slide this year. The firm placed IBIT alongside two more traditional offerings: the iShares 0-3 Month Treasury Bond ETF (SGOV) and the iShares Top 20 U.S. Stocks ETF (TOPT). Bitcoin…