- BlackRock’s IBIT generated $187.2 million in fees, surpassing IVV’s $187.1 million despite managing substantially fewer assets year after year consistently.
- IBIT charges 0.25% fees versus IVV’s 0.03%, allowing a smaller asset pool to generate more revenue per dollar.
BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT), pulled in $187.2 million in annual fees, edging past the $187.1 million of its flagship S&P 500 ETF (IVV). That outcome signals rising demand for bitcoin exposure within regulated funds.
💥BREAKING:
THE $IBIT ETF OFFICIALLY MAKES BLACKROCK MORE MONEY THAN ITS S&P500 ETF. pic.twitter.com/3QtocdOXbx
— Crypto Rover (@rovercrc) July 2, 2025
IBIT holds about $75 billion in assets, while IVV manages roughly $624 billion. The fee gap explains much of the revenue difference: IBIT charges 0.25%, whereas IVV charges just 0.03%. Thus, a smaller pool of capital can still generate robust income for its manager.
IBIT saw inflows in 17 of the past 18 months, a pattern that shows steady investor interest. Today, the fund accounts for more than 55% of assets across all bitcoin ETFs.
Meanwhile, large firms have moved beyond ETFs to buy bitcoin directly. Corporations such as MicroStrategy and Tesla expanded their holdings earlier this year. Those direct purchases reinforce the broader shift toward viewing BTC as a strategic asset.
Regulated access via an ETF and outright corporate acquisitions form a powerful one-two punch. For investors, the choice between convenience, cost and direct ownership now shapes how they enter the bitcoin market. As demand grows, watch how fee structures and buying methods evolve.
BlackRock’s iShares Bitcoin Trust (IBIT) is trading at $62.08 USD, marking a robust +3.74% daily gain, with a +5.04% monthly performance and +13.03% year-to-date return.
Since its inception in January 2024, IBIT has delivered a +73.23% return over the past year, reflecting consistent institutional demand and tracking closely to Bitcoin’s macro uptrend.
Technically, IBIT is forming a bull flag just below key resistance at $64, with strong price compression and holding above its 20-day EMA. A confirmed breakout above $64 would validate trend continuation, potentially targeting the $66.80–$69.50 range based on Fibonacci extensions.
Volume is rising, and sentiment remains bullish, supported by increased option activity and fund inflows. Support levels are set at $59.50 and $57.80 in the event of a pullback.
On the fundamental front, IBIT remains the market leader among spot Bitcoin ETFs:
- Assets under management (AUM) have surged to $74.89 billion, making IBIT the largest Bitcoin ETF globally. Inflows over the last 12 months total $34.70 billion, highlighting dominant institutional interest.
- The ETF continues to trade near NAV, with only a −0.2% discount, reflecting high market efficiency and liquidity.
- BlackRock’s ETF structure allows Bitcoin exposure via traditional brokerage accounts, eliminating custody concerns and improving tax clarity for institutional participants.
- According to ETF.com and Zacks, IBIT was a top-performing ETF in June, particularly during geopolitical relief rallies following temporary de-escalation in the Iran–Israel conflict.
- Recent filings suggest additional feeder funds and 401(k) integration proposals are under review, which could drive further flows in Q3–Q4 2025.
With Bitcoin nearing its ATH, IBIT is attracting momentum and capital rotation from traditional risk assets. ETHNews analysts are projecting further upside for the ETF if BTC breaks $112K, potentially pushing IBIT above $70 in July, particularly as volatility compresses and investor appetite for crypto-aligned equity instruments grows.
