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BlackRock’s Bitcoin ETF rapidly climbs to third in revenue, nears top spot

Published

5 months ago

July 3, 2025

Blackrock’s place Bitcoin exchange-bound IBIT has grow to be the third highest income-generating ETF of the Asset Supervisor, solely 18 months after the launch, based on the launch, based on the launch Data shared By Bloomberg senior ETF analyst Eric Balchunas.

Technique chairman Michael Saylor responded to the milestone by predicting that IBIT will quickly grow to be the primary income-generating ETF of BlackRock.

The IBIT fund has round $ 76 billion in property and a value ratio of 0.25%, with an estimated $ 191 million in annual turnover.

The revenue locations it behind solely BlackRock’s Ishares Russell 1000 Development ETF (IWF), which generates round $ 211 million, and the Ishares MSCI Eafe ETF (EFA), which generates round $ 207 million.

A separate Bloomberg information report famous that IBIT has now solely eliminated $ 9 billion in property from the catching up of IWF to grow to be BlackRock’s finest income-generating ETF from its line-up of greater than 1,100 funds.

Based on Balchunas:

“Simply an insane stat for a 1.5-year-old (actually a child) ETF.”

IBIT was launched in January 2024 along with different place Bitcoin ETFs accredited by the US Securities and Trade Fee.

Inside a number of days after his debut, IBIT grew to become the quickest ETF in historical past to cross $ 2 billion in influx, to surpass conventional market leaders and to ascertain a number of data for subscriptions within the first week.

By six months, the fund had already grown to greater than $ 50 billion in property, which is a mirrored image of the accelerating institutional and retail demand to regulated Bitcoin publicity.

READ SEC temporarily halts Grayscale’s multi-asset crypto ETF debut despite conversion greenlight

Based on the Bloomberg report, IBIT’s efficiency emphasizes the rising integration of Bitcoin into conventional portfolios, which displays the method of Golden ETFs over the previous 20 years.

The product was held on a big scale by monetary advisers, enterprise treasury and hedge funds who’re searching for liquid, regulated publicity to Bitcoin with out the complexity of direct custody.