BlackRock’s Bitcoin ETF Becomes Top Fee Earner, Surpassing S&P 500 Fund
BlackRock’s Bitcoin ETF, IBIT, has achieved a major milestone by becoming the firm’s top-performing exchange-traded fund in terms of fee revenue. According to recent data, IBIT now generates $186 million annually, edging past BlackRock’s long-established IVV, an ETF that tracks the S&P 500, by $3 million. This marks a significant shift in ETF dynamics. Despite … Read more