BlackRock’s Bitcoin ETF Inches Closer to $100 Billion
The approval of 11 spot Bitcoin ETFs in 2024 was a historic decision by the US SEC. Today, BlackRock’s IBIT Bitcoin ETF is the firm’s most profitable ETF product by quite a margin. The world’s largest asset manager has earned $245 million in fees from its BTC ETF, $25 million more than the second most profitable ETF. Bloomberg ETF analyst Eric Balchunas took to X and highlighted that BlackRock’s IBIT ETF is just moments away from hitting $100 billion. $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 BlackRock’s Bitcoin ETF Bet Paying Off Source: Coinsturn The table shared by Balchunas also shows that the IBIT ETF became BlackRock’s most profitable ETF within just one year, while other products are more than 12 years old, and in many cases, mo...