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Bitcoin ETF Emerges as BlackRock's Most Lucrative Offering, Outperforming Its Long-Standing S&P ETF
5 day ago /
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Author：小编
BlackRock, the world's largest asset management firm, has potentially witnessed its Bitcoin Exchange Traded Fund (ETF) eclipse its renowned S&P 500 Index ETF in terms of profitability. According to data, the company's iShares Bitcoin Trust ETF (ticker: IBIT), which boasts an approximate asset size of $75 billion, has garnered significant interest from both institutional and retail investors. In the past 18 months, the fund has experienced net inflows all but one month, indicating robust demand. With a fee rate of 0.25%, the ETF generates approximately $187.2 million in annual fee income, edging out the annual revenue of its S&P 500 Index ETF counterpart.
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