BlackRock’s iShares Bitcoin Trust (IBIT) has rapidly emerged as the undisputed leader in the Bitcoin ETF space, outpacing competitors both in investor inflows and profitability.
Since launching in early 2024, IBIT has drawn over $52 billion in cumulative inflows — more than double the combined total of all other Bitcoin ETFs, which have collectively stalled near $20 billion. According to analyst James Check, this dominance is reflected not only in total assets but also in weekly flow trends, with IBIT consistently attracting the bulk of new investment and showing minimal outflows.
The fund’s explosive growth has also caught the attention of ETF analysts. Bloomberg’s Eric Balchunas recently noted that IBIT now ranks as the fourth-largest ETF in the U.S. based on year-to-date inflows, beating out SPDR’s S&P 500 ETF (SPLG) and closing in on Vanguard’s Total Stock Market ETF (VTI).
In terms of speed, IBIT set a new record by reaching $70 billion in assets in just 341 trading days — the fastest climb ever for a U.S. ETF.
Beyond asset growth, IBIT is now BlackRock’s top-performing ETF by fee revenue, pulling in $186 million annually. This surpasses the firm’s long-standing flagship, the IVV S&P 500 ETF, which generates $183 million — despite having nearly ten times the assets.
The rise of IBIT marks a turning point for institutional capital, as even conservative giants like BlackRock now see more profit from Bitcoin exposure than from traditional equity strategies.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/blackrocks-bitcoin-etf-overtakes-rivals-becomes-top-revenue-driver/