BlackRock’s BTC ETF Now Out-Earns Its $624B S&P 500 Fund
• Despite holding just $74B in assets, BlackRock’s Bitcoin ETF (IBIT) has already generated $187.2M in fees this year.
• That surpasses the $187.1M earned by its $624B iShares S&P 500 ETF.
• The reason? BTC ETF fees are 8x higher per dollar managed.
Larry Fink’s push for “new asset types” wasn’t just vision—it opened up a far more profitable revenue stream.
