“ETFs are very liquid and powerful instruments,” Castro reportedly said after his panel at the Blockchain Conference 2025. “They exist to let people allocate capital and manage cash flow. What we’ve been seeing is perfectly normal; any asset that starts to experience compression usually has this effect, especially in an instrument that is heavily controlled by retail investors.”
BlackRock’s Bitcoin ETFs neared $100 billion in peak assets
Castro added that demand earlier in the cycle speaks for itself. Combined US and Brazil listings under the IBIT nameplate came “very close to $100 billion” in