BlackRock’s Bitcoin ETF just became its most profitable in under 2 years
2025-07-14 18:40:09
Main Idea
BlackRock’s iShares Bitcoin Trust (IBIT) has become the firm’s most profitable ETF, reflecting growing Wall Street interest in Bitcoin and contributing to its bull run.
Key Points
1. IBIT has delivered returns of around 300% since its launch in early 2024, with assets surging to $88 billion as of July 14, 2025.
2. The ETF was the third most-traded fund in the U.S. on July 14, trailing only SPY and QQQ.
3. Bitcoin’s rally, including a record high above $123,000, has been a major catalyst for IBIT’s success.
4. Ethereum-focused funds have also seen increased interest, though on a smaller scale compared to Bitcoin ETFs.
Description
BlackRock’s iShares Bitcoin Trust (NASDAQ: IBIT ) has officially become the firm’s most profitable exchange-traded fund ( ETF ), less than two years after its debut. The milestone points to the growing interest in Bitcoin ( BTC ) on Wall Street, with ETFs serving as a key gateway for institutions to gain exposure to the asset. Notably, the success of IBIT has helped fuel Bitcoin’s ongoing bull run, which recently culminated in a record high above $123,000. As of press time, Bitcoin was trading a...
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