BlackRock IBIT's annual fee income has exceeded its S & P 500 ETF IVV
2025-07-02 17:36:45
BlackRock's roughly $75 billion iShares Bitcoin Trust ETF (ticker: IBIT) has attracted a lot of money from institutional and retail investors, and has seen inflows for all but one of the past 18 months, according to Fortune. The fund has an expense ratio of 0.25% and an estimated annual fee income of $187.20 million, according to a rough calculation by Bloomberg through July 1. That's slightly more than the $187.10 million of BlackRock's core iShares Standard & Poor's 500 Index ETF (IVV), which is almost nine times the size of IBIT, with about $624 billion in assets and just 0.03% in fees.
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