[BlackRock's Bitcoin ETF Assets Near $100 Billion, Becoming BlackRock's Most Profitable Product] According to Bloomberg analysts Eric Balchunas and James Seyffart, BlackRock's Bitcoin ETF is on the verge of surpassing $100 billion in assets due to massive capital inflows and rising Bitcoin prices, generating more revenue than any of BlackRock's over 1,000 global funds. The fund charges a 0.25% fee, with annual revenue exceeding $240 million, achieving remarkable results in less than two years since its inception. The speed at which it reached the $100 billion milestone is approximately five times faster than other ETFs, with funds coming from both retail and institutional investors. It is the "youngest" among the 20 largest ETFs, while the others took years to reach this scale. IBIT has become BlackRock's most profitable product, leaving a strong impression. Bloomberg analysts noted that while they had optimistic expectations for its demand and capital inflows, the actual figures still exceeded their most optimistic projections.