BlackRock’s Bitcoin ETF becomes most profitable fund ever — nears $100 billion in record breaking run
BlackRock’s iShares Bitcoin Trust (IBIT) has become the firm’s most profitable ETF ever, generating nearly $245 million in annual fees. In just 21 months, it has amassed $98.5 billion in assets, outpacing long-standing giants like IWF and EFA to dominate the global ETF landscape.
BlackRock’s iShares Bitcoin Trust (IBIT) has become the firm’s most profitable ETF ever, generating nearly $245 million in annual fees. In just 21 months, it has amassed $98.5 billion in assets, outpacing long-standing giants like IWF and EFA to dominate the global ETF landscape.
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