{"id":34965,"date":"2025-07-03T05:16:45","date_gmt":"2025-07-03T05:16:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34965"},"modified":"2025-07-03T05:16:45","modified_gmt":"2025-07-03T05:16:45","slug":"blackrocks-bitcoin-etf-machine-outearns-legendary-sp-500-fund-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34965","title":{"rendered":"BlackRock\u2019s Bitcoin ETF \u2018Machine\u2019 Outearns Legendary S&P 500 Fund: Details"},"content":{"rendered":"
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The BlackRock iShares Bitcoin Trust (IBIT) has achieved a remarkable milestone by generating more annual fee revenue than the firm\u2019s flagship S&P 500 tracker, despite being much smaller in size.<\/p>\n

The crypto fund generates an estimated $187.2 million in annual fees from its $75 billion in assets with a 0.25% expense ratio. In contrast, the BlackRock iShares Core S&P 500 ETF (IVV) makes $187.1 million from $624 billion in assets and a 0.03% expense ratio, reported<\/a> Bloomberg on July 2.<\/p>\n

IBIT is nearly nine times smaller but charges over eight times more in fees.<\/p>\n

Simply a Machine<\/h2>\n

Nate Geraci, president at NovaDius Wealth Management (formerly ETF Store), told the outlet that \u201cIBIT overtaking IVV in annual fee revenue is reflective of both the surging investor demand for Bitcoin and the significant fee compression in core equity exposure.\u201d<\/p>\n

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\u201cAlthough spot Bitcoin ETFs are priced very competitively, IBIT is proof that investors are willing to pay up for exposures they view as truly additive to their portfolios.\u201d<\/p>\n

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The nearly $75bil iShares Bitcoin ETF has only one month of outflows since Jan 2024 launch\u2026<\/p>\n

Now generates more fee revenue for BlackRock than its largest ETF, the iShares S&P 500 ETF.<\/p>\n

Simply a machine.<\/p>\n

I offer a few thoughts here.<\/p>\n

via @isabelletanlee<\/a>https:\/\/t.co\/uDv6eiVb4b<\/a> pic.twitter.com\/pPwMQbfplW<\/a><\/p>\n

\u2014 Nate Geraci (@NateGeraci) July 3, 2025<\/a><\/p>\n<\/blockquote>\n