BlackRock’s Bitcoin ETF ‘Machine’ Outearns Legendary S&P 500 Fund: Details

The BlackRock iShares Bitcoin Belief (IBIT) has achieved a exceptional milestone by producing extra annual charge income than the agency’s flagship S&P 500 tracker, regardless of being a lot smaller in measurement.

The crypto fund generates an estimated $187.2 million in annual charges from its $75 billion in property with a 0.25% expense ratio. In distinction, the BlackRock iShares Core S&P 500 ETF (IVV) makes $187.1 million from $624 billion in property and a 0.03% expense ratio, reported Bloomberg on July 2.

IBIT is almost 9 occasions smaller however prices over eight occasions extra in charges.

Merely a Machine

Nate Geraci, president at NovaDius Wealth Administration (previously ETF Retailer), informed the outlet that “IBIT overtaking IVV in annual charge income is reflective of each the surging investor demand for Bitcoin and the numerous charge compression in core fairness publicity.”

“Though spot Bitcoin ETFs are priced very competitively, IBIT is proof that traders are keen to pay up for exposures they view as actually additive to their portfolios.”

The almost $75bil iShares Bitcoin ETF has just one month of outflows since Jan 2024 launch…

Now generates extra charge income for BlackRock than its largest ETF, the iShares S&P 500 ETF.

Merely a machine.

I provide a number of ideas right here.

by way of @isabelletanleehttps://t.co/uDv6eiVb4b pic.twitter.com/pPwMQbfplW

— Nate Geraci (@NateGeraci) July 3, 2025

Since launching in January 2024, IBIT has captured $52 billion of the $54 billion in complete spot Bitcoin ETF inflows and holds over 55% of all Bitcoin ETF property. The fund has additionally seen inflows in 17 of its first 18 months.

Paul Hickey, co-founder of Bespoke Funding Group, informed the outlet that it was a sign of how a lot “pent-up demand” there was for traders to achieve publicity to Bitcoin as a part of their total portfolio.

“It additionally illustrates the management of Bitcoin within the crypto area the place its perceived utility as a retailer of worth has primarily left the others in its mud,” he added.

The BlackRock fund has not seen an outflow day since June 6 and has had $1.47 billion in inflows over the previous fortnight. It’s “merely a machine,” stated Geraci.

Busy Week For Crypto ETFs

The REX-Osprey Solana staking ETF launched on Wednesday and noticed $33 million in buying and selling quantity on its first day. Solana followers had been celebrating the statistic, however it’s dwarfed by the primary days of buying and selling for spot Bitcoin and Ethereum funds.

In associated information, the SEC has approved Grayscale’s submitting to transform its Digital Giant-Cap Fund into an ETF, which is comprised of a basket of the highest 5 cryptocurrencies by market capitalization.