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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...

Billionaire Mike Novogratz is unveiling four major crypto asset holdings, saying that the market has more room to grow. In a new interview with crypto entrepreneur Kyle Chasse on his YouTube channel, the Galaxy Digital chief executive says that the firm owns a “shackload” of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Hyperliquid (HYPE). “I don’t want you people to think I’m bearish because I own a shackload of crypto. We own Bitcoin. We own a lot of SOL through this… We own a lot of Hyperliquid. I own a lot of Ethereum. Those are my big four positions. But add all those up and I can retire like 15 times over.” According to Novogratz, the markets could skyrocket if President Donald Trump gets to appoint someone who agrees with his economic views as the next Chairman of the Federal Reserve. “What I’m thinking… very well is going to happen is we’re going to lose the independence of the Fed. Why do I think ...

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