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The Daily Hodl 2025-07-06 14:30:55

BlackRock’s Bitcoin Exchange-Traded Fund (IBIT) Just Two Spots Away From Being Firm’s Top Revenue-Generating ETF: Bloomberg Analyst

BlackRock’s iShares Bitcoin Trust ETF (IBIT) is already generating substantial revenue for the world’s largest asset manager, despite being on the market for less than two years. In a new post on the social media platform X, Bloomberg analyst Eric Balchunas says that IBIT needs to grow its fund’s assets by less than $10 billion to rank as BlackRock’s top revenue-generating exchange-traded fund (ETF). “IBIT is now the third-highest revenue-generating ETF for BlackRock out of 1,197 funds, and is only $9 billion away from being #1. Just another insane stat for a 1.5-year-old (literally an infant) ETF. Here’s the top 10 list for BlackRock (aside, how about the forgettable IWF at the top spot, who knew?).” Source: Eric Balchunas/X Based on the analyst’s data, BlackRock’s Bitcoin ( BTC ) ETF is already producing an estimated revenue of $191 million per year at $76.314 billion in fund assets while charging 25 basis points annually to investors. Balchunas appears to posit that if the net assets of the fund grow by $9 billion, IBIT will produce an annual revenue of about $213 million, enough to surpass the revenue generated by IWF. BlackRock’s IWF or iShares Russell 1000 Growth ETF offers exposure to US firms whose earnings are expected to grow at an above-average rate relative to the market. It has been around since May 2000 and is generating $211 million in yearly revenue, charging 19 basis points per year to investors. Meanwhile, the firm’s iShares MSCI EAFE ETF (EFA) – which gives investors exposure to a broad range of equities trading in the European, Australian, Asian and Far Eastern markets – was launched in 2001 and is generating $207 million in revenue annually with an expense ratio of 0.32%. As of Thursday’s close, IBIT is trading at $62.19. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post BlackRock’s Bitcoin Exchange-Traded Fund (IBIT) Just Two Spots Away From Being Firm’s Top Revenue-Generating ETF: Bloomberg Analyst appeared first on The Daily Hodl .

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