IBIT projects annual revenue of $245 million and approximately $97.8 billion in assets under management
Bloomberg analyst Eric Balchunas posted that iShares Bitcoin Trust Fund (IBIT) has become the most profitable fund under BlackRock, with annual revenue reaching $245 million. The product's market value has surpassed BlackRock's iShares Russell 1000 Growth ETF (IWF) and iShares MSCI EAFE ETF (EFA), taking the top spot. IBIT's assets under management (AUM) also reached nearly $100 billion in just over 435 days, currently managing assets of approximately $97.8 billion. According to SoSoValue data, the fund is currently the largest Bitcoin ETF in the United States, with total inflows of $62.6 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ZEC Surges 701.51% This Year as Grayscale Files for Zcash ETF and Institutional Demand Increases
- Grayscale filed an S-3 registration with the SEC to convert its Zcash Trust into the first U.S. spot ETF for privacy-focused ZEC, signaling growing institutional adoption. - Zcash's shielded transactions now account for 30% of trades, with 20-25% of its supply stored in encrypted addresses, highlighting demand for privacy-enhanced crypto. - ZEC surged 701.51% year-to-date in 2025 but fell 13.26% weekly, reflecting crypto market volatility despite outperforming Bitcoin and Ethereum . - The pending ETF app
Zcash News Today: Crypto’s Schism: Doubt in L1s Contrasted with Growth at the Application Layer
- QwQiao critiques speculative L1 tokens (e.g., Bitcoin , Ethereum) for scalability issues and volatile valuations, contrasting them with utility-driven application-layer innovations. - Application-layer projects like DeFi, NFTs, and privacy-focused Zcash (ZEC) gain traction via real-world use cases, exemplified by Grayscale's ZEC ETF and Bitcoin Munari's structured token sales. - Dynamic tokenomics and institutional adoption (e.g., Ripple's RLUSD approval) highlight shifting priorities toward sustainable
Solana News Today: GeeFi's Presale Skyrockets Amid 2025 AI Surge, Attracting Investors with Promises of 3,000% Returns
- GeeFi's (GEE) Phase 2 presale surges with 10M tokens sold, offering 3,000% ROI forecasts vs. struggling Layer-1 rivals like Avalanche and Solana . - GEE's 20% phase-based pricing model (currently $0.06) targets $0.40 listing, with experts projecting 4,900% returns if it reaches $3/token. - The project's non-custodial wallet, DEX, and 55% APY staking, plus VISA/Mastercard crypto card partnerships, differentiate it from speculative crypto peers. - Market shifts toward utility-driven solutions accelerate as
Bitcoin Updates: Bitcoin’s Financial Infrastructure Sets the Stage for an ETF-Fueled Bull Market
- BlackRock deposited $422M in BTC/ETH to Coinbase Prime, signaling institutional-driven Bitcoin liquidity growth and ETF adoption. - Nasdaq's 40x IBIT options expansion is seen as structural catalyst for institutional capital deployment and Bitcoin's all-time high potential. - Mixed on-chain metrics show $90k retest but weak liquidity above $84k, with weekend volatility and short-covering limiting sustained bullish momentum. - Market awaits confirmation of BlackRock's $85.3k support hold and Fed rate deci
Trending news
MoreCrypto prices
More
