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BlackRock’s iShares Bitcoin ETF (IBIT) is now generating more annual fee revenue than its flagship S&P 500 ETF (IVV). IBIT brings in $186M a year, surpassing IVV’s $183M, despite being just 18 months old and far smaller in AUM ($75B vs $609B).
BlackRock's IBIT Bitcoin ETF is driving more revenue than its S&P 500 index fund And that's with most money managers still recommending 1-2% Bitcoin exposure (if that) Just wait til it's 10%+
🚨 BlackRock’s Bitcoin ETF (IBIT) just made more money than its S&P 500 ETF Yes, you read that right. The iShares Bitcoin Trust ETF is now generating $187.2M a year in fees, beating BlackRock’s Core S&P 500 ETF even though the S&P fund is 8 times bigger. How is that possible?
BREAKING: BLACKROCK IS NOW MAKING $187 MILLION ANNUALLY ON #BITCOIN ETF FEES – MORE THAN ON ITS S&P OFFERING BTC TAKING OVER WALL STREET. INSANE 🔥
BlackRock's Bitcoin ETF drives more revenue than its S&P 500 fund. Bitcoin has Wall Street's full, undivided attention now.
🐂UNBELIEVABLE: BlackRock's IBIT Bitcoin ETF drives more revenue than it's S&P 500 Fund! Bitcoin is taking over Wall Street 🏦
JUST IN: 🔥 BlackRock's Bitcoin ETF ($IBIT) now drives more revenue than its S&P 500 ETF ($IVV).
At the world’s biggest asset manager, a Bitcoin exchange-traded fund now generates more revenue than its signature tracker of the S&P 500 Index
