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Bitcoin ETF Now One of BlackRock’s Top Revenue Generators

2025-07-05 18:42:31

Bitcoin ETF Now One of BlackRock’s Top Revenue Generators

Main Idea

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Key Points

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Description

BlackRock’s spot Bitcoin Exchange Traded Fund (ETF), called IBIT, has quickly become one of the company’s most successful funds. Since its launch in January 2024, it has garnered strong support from both major investors and regular buyers. IBIT is now the third-highest revenue ETF among more than 1,100 funds managed by BlackRock, demonstrating its rapid growth in a short period. BlackRock Bitcoin ETF Boasts of Strong Revenue According to a recent report, IBIT now manages $76 billion in assets. T...

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