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Posted: 2025-07-02 16:06:23 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-07-02 16:06:37 UTC
Verified By
Rollup News
BlackRock's Bitcoin ETF (IBIT) is generating more annual fees ($187.2 million) than its flagship S&P 500 fund (IVV), driven by significant inflows from institutional and retail investors. This surge is attributed to US regulators opening the door to mainstream adoption of Bitcoin ETFs.
IBIT generates more revenue than BlackRock's S&P 500 ETF.
IBIT has seen a torrent of cash from institutional and retail investors.
Bitcoin ETFs are attributed to US regulators opening the door to mainstream adoption.