BlackRock's Bitcoin ETF generates more annual fee income than its flagship S&P 500 ETF

PA一线
PA一线

PANews reported on July 2 that according to Bitcoin News, the annual management fee income generated by BlackRock's iShares Bitcoin ETF "IBIT" has surpassed its flagship product S&P 500 Index ETF "IVV". Although IBIT was established only 18 months ago and its asset management scale (AUM) is much smaller than IVV (US$75 billion vs US$609 billion), its annual management fee income is US$186 million, which has exceeded IVV's US$183 million.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Telegram Discussion Group
Telegram News Channel
@PANews
Recommended Reading
PA一线

PA一线

Bitcoin spot ETFs saw net inflows of $471 million yesterday, with BlackRock's IBIT leading the way with $182 million in net inflows.
PA一线

PA一线

Bitcoin spot ETFs saw a total net outflow of $174 million yesterday, with BlackRock's IBIT experiencing the largest net outflow at $86.5222 million.
PA一线

PA一线

BlackRock has filed a revised S-1 document for its iShares Bitcoin Premium Income ETF.
PA一线

PA一线

Bitcoin spot ETFs saw a total net inflow of $118 million yesterday, with BlackRock IBIT leading the way with a net inflow of $98.4218 million.
PA一线

PA一线

Bitcoin spot ETFs saw net outflows of $296 million last week, with BlackRock's IBIT experiencing the largest net outflow at $158 million.
PA一线

PA一线

Bitcoin spot ETFs saw a total net outflow of $171 million yesterday, with BlackRock's IBIT experiencing the largest net outflow at $41.9191 million.

Popular Articles

Industry News
Market Trends
Curated Readings
Subscribe
PANews App
24/7 blockchain news tracking and in-depth analysis.
Download PANews App
App StoreGoogle Play
PANews APP
Binance Futures will adjust several leverage and margin tiers for USDT-margined perpetual contracts on April 10.
PANews Newsflash