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BlackRock’s spot Bitcoin ETF IBIT Surpasses S&P 500 ETF Annual Revenue

  • BlackRock’s spot Bitcoin ETF IBIT has surpassed the revenue of BlackRock's S&P 500 ETF IVV, despite being smaller in terms of assets under management.
  • IBIT's higher expense ratio of 0.25% has propelled it ahead of IVV, which charges a nominal 0.03% fee, indicating increased institutional demand for regulated Bitcoin exposure.
  • IBIT is expected to generate over $187 million in annual fees, reflecting surging investor demand for Bitcoin and significant fee compression in core equity exposure.
  • Standard Chartered predicts Bitcoin to reach $135,000 by late 2025, potentially further increasing the appeal of spot Bitcoin ETFs like IBIT.

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