According to Bloomberg, BlackRock's iShares Bitcoin Trust (IBIT) annual fee revenue has surpassed its flagship S&P 500 ETF (IVV), despite the latter having assets about nine times larger than the former. As of July 1st, IBIT manages assets of approximately $75 billion, with an estimated annual fee revenue of $187.2 million, slightly higher than IVV's $187.1 million. Since the approval of the Bitcoin spot ETF in January 2024, IBIT has attracted a net inflow of $52 billion, accounting for 96% of the total inflow of similar products, and currently holds over 55% of the market share. Driven by regulatory clearance and institutional funding, IBIT has entered the top 20 ETFs in terms of trading volume in the United States. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44942