Summary
- It was reported that the fee revenue of BlackRock's Bitcoin spot ETF, IBIT, is the highest among all of the company's ETFs.
- IBIT's annual fee revenue is $186 million, which is about $3 million more than the S&P 500 Index ETF IVV.
- Although IVV is about 8 times larger than IBIT in assets under management, it was found that IBIT leads in fee revenue.
It has been revealed that the fee revenue from the Bitcoin (BTC) spot Exchange Traded Fund (ETF) IBIT has surpassed all of BlackRock's ETF products.
On the 27th (local time), Nate Geraci, president of The ETF Store, announced on X (formerly Twitter), "The annual fee revenue for IBIT amounts to $186 million," adding, "This is about $3 million more than BlackRock's S&P 500 Index ETF IVV."
Despite the significant difference in assets under management between the two products, this result was achieved. The assets under management for IBIT and IVV are $7.5 billion and $609 billion, respectively, with IVV being about 8 times larger than IBIT.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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