Saylor Makes Major BlackRock Prediction

Key Points

1. IBIT is currently the third-highest revenue-generating ETF for BlackRock, earning $191 million.

2. The ETF has $76.31 billion in total net assets, surpassing Fidelity's competing product ($22.05 billion).

3. BlackRock earns a 0.25% annual fee on IBIT's assets under management (AUM), covering custody, management, marketing, and compliance costs.

4. The iShares Core S&P 500 ETF (IVV) and iShares Russell 1000 Growth ETF (IWF) generate $188 million and $211 million in revenue, respectively, but IBIT could surpass them due to its higher fee structure.

5. IBIT has outperformed 1,195 other BlackRock funds since its launch last year.