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Morgan Stanley: Lowers Nvidia (NVDA.O) target price from $162 to $160.

PANews, April 25: According to CoinDesk, over the past five trading days, the net inflow of the U.S. spot Bitcoin ETFs reached approximately $2.8 billion, pushing the Bitcoin price up from about $85,000 to $94,000. BlackRock's iShares Bitcoin Trust (IBIT) alone contributed $1.3 billion of the inflows. Michael Saylor, chairman of Strategy (formerly MicroStrategy), stated at an investor day event, "Within ten years, IBIT will become the largest ETF in the world." It should be noted that IBIT's current market value is $54 billion, with a single-day trading volume exceeding $1.5 billion on Thursday. In contrast, the world's largest ETF by market value—Vanguard S&P 500 ETF (VOO)—has a market cap of $593.5 billion, more than ten times that of IBIT. A senior ETF analyst at Bloomberg pointed out, "Theoretically, this is possible, especially if IBIT's inflows surpass those of VOO. However, it would need to attract more than $1 billion daily—more likely to reach a scale of $3 billion to $4 billion daily to catch up. In short, achieving this goal would depend on multiple extreme conditions, but it is not entirely impossible."