$BTC ETF Revenue Beats BlackRock's $624B S&P 500 Fund
#BlackRock's Bitcoin ETF generates more annual revenue than its massive S&P 500 fund despite being nine times smaller.
IBIT earns approximately $187.2 million yearly with a 0.25% expense ratio and $70 billion in assets.
The S&P 500 fund makes $187.1 million with just 0.03% fees but holds $624 billion in assets.
IBIT became the largest Bitcoin ETF since launching in early 2024.
Investors show a willingness to pay higher fees for crypto exposure they view as portfolio additions.
$BTC trades at around $109,507 at press time as institutional adoption drives price momentum.
Fidelity's Bitcoin ETF ranks second with
$32 billion in assets under management.
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