Key Takeaways:
- BlackRock’s iShares Bitcoin Trust ETF (IBIT) has become the firm’s most profitable ETF, earning $245 million in fees in under two years.
- IBIT is nearing $100 billion in assets and recently had its second-best week, pulling in $1.8 billion of $3.2 billion in total U.S. spot Bitcoin ETF inflows.
- BlackRock is expanding its crypto offerings with a proposed Bitcoin Premium Income ETF but remains focused on Bitcoin and Ether rather than altcoins.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) has become the firm’s most profitable exchange-traded fund, generating nearly $245 million in fees since launching less than two years ago.
The Bitcoin-focused ETF has overtaken long-established funds such as the iShares Russell 1000 Growth ETF (IWF) and MSCI EAFE ETF (EFA) by roughly $25 million in annual revenue.
$IBIT a hair away from $100 billion, is now the most profitable ETF for BlackRock by a good amount now based on current aum. Check out the ages of the rest of the Top 10. Absurd. pic.twitter.com/E8ZMI2wynx
— Eric Balchunas (@EricBalchunas) October 6, 2025
With $97.8 billion in assets, IBIT is only $2.2 billion shy of the $100 billion milestone – potentially making it the fastest ETF in history to reach that level, far surpassingVanguard’s S&P 500 ETF (VOO), which took over five years.
The fund’s rapid growth stems from rising Bitcoin prices, record ETF inflows, and renewed political support for crypto under the Trump administration, which aims to make the U.S. the “crypto capital of the world.”
Last week alone, IBIT attracted $1.8 billion of the $3.2 billion total inflows into U.S. spot Bitcoin ETFs – its second-best week on record.
Meanwhile, BlackRock is expanding its crypto lineup with a proposed Bitcoin Premium Income ETF, designed to generate yield by selling covered call options on Bitcoin futures.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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