Don't Just Read the News, Understand It.
Published loading...Updated

BlackRock Bitcoin ETF Drives More Revenue than Its S&P 500 Fund

  • In late June 2025, BlackRock's iShares Bitcoin Trust ETF began generating more annual trading fee revenue than its flagship S&P 500 fund, IVV.
  • This milestone stems from rising institutional demand for cryptocurrency exposure and significant inflows exceeding $6.2 billion into IBIT since January 2024.
  • IBIT holds roughly $70 billion in assets with a 0.25% expense ratio, has posted inflows in 17 of the last 18 months, and controls over 55% of the Bitcoin ETF market.
  • Nate Geraci noted that IBIT's fee revenue surpassing IVV reflects surging Bitcoin demand and fee compression in equity funds, while CEO Larry Fink called Bitcoin "digital gold" and a global asset.
  • These developments signal a strategic shift toward regulated cryptocurrency products, reshaping investment landscapes and prompting broader institutional adoption despite inherent risks.
Insights by Ground AI
Does this summary seem wrong?

17 Articles

All
Left
2
Center
2
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Wednesday, July 2, 2025.
Sources are mostly out of (0)

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.