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#IBITHits54B Institutional Bitcoin exposure has officially entered a new phase of scale. $IBIT has reached $54B in AUM, now capturing nearly 50% of all RIA-allocated crypto ETF capital, according to Bloomberg’s Eric Balchunas. After more than $1B in net outflows during mid-May, flows have stabilized, while $BTC holds above $74K. Since its launch in January 2024, $IBIT has evolved from an experimental product into the dominant institutional Bitcoin vehicle, signaling that $BTC allocation is no longer niche but structural. Comment: At this scale, Bitcoin is increasingly treated as a core portfolio asset rather than a tactical trade. #IBITHits54B @OKX Orbit