BlackRock's IBIT Annual Fee Revenue Has Surpassed Its S&P 500 Index ETF IVV

BlockBeats News, July 3rd. According to Fortune's statistics, BlackRock's iShares Bitcoin Trust ETF (ticker: IBIT), with approximately $75 billion in assets under management, has attracted significant inflows from institutional and retail investors. Over the past 18 months, except for one month, the fund has seen inflows for the rest of the time. Based on Bloomberg's rough calculation as of July 1st, the fund's expense ratio is 0.25%, with an estimated annual fee income of $187.2 million. This figure is slightly higher than BlackRock's iShares Core S&P 500 ETF (IVV) with $187.1 million, which is nearly nine times the size of IBIT, with assets under management of around $624 billion and an expense ratio of only 0.03%.