Rebecca Cruz BlackRock’s iShares Bitcoin Trust ETF is just a hair away from $100 billion in assets, becoming the most profitable Bitcoin ETF ever. Here’s how IBIT is rewriting Wall Street’s crypto playbook.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) is blazing through financial history, standing just shy of the $100 billion milestone—an achievement that could make it the fastest-growing ETF ever. As Bitcoin prices soar and Washington’s crypto stance softens, BlackRock’s Bitcoin ETF has emerged as a massive profit engine, redefining institutional faith in digital assets.
BlackRock’s Bitcoin ETF Dominates the Global ETF Arena
The iShares Bitcoin Trust ETF is now BlackRock’s most profitable ETF, having pulled in nearly $245 million in annual fees, far surpassing traditional giants like the iShares Russell 1000 Growth and MSCI EAFE ETFs. In less than two years since its launch, BlackRock’s Bitcoin ETF has become a symbol of how digital assets have matured from speculative bets into legitimate financial instruments.
Eric Balchunas, a senior ETF analyst, revealed that IBIT is now only $2.2 billion away from breaking the $100 billion barrier—an extraordinary feat considering most ETFs take a decade or more to reach such levels.
How BlackRock’s Bitcoin ETF Became Its Top Money-Maker
The revenue engine behind BlackRock’s Bitcoin ETF is simple but powerful: a 0.25% management fee on its total assets under management (AUM). As both Bitcoin’s value and institutional demand continue to climb, so does the fund’s profitability.
Last week alone, the fund accounted for $1.8 billion of the $3.2 billion total inflows into U.S. spot Bitcoin ETFs, highlighting its dominance. Bitcoin’s recent surge past $125,000 further amplified IBIT’s performance, cementing its position as the go-to institutional gateway into crypto.
Balchunas also emphasized that every other top-earning BlackRock ETF has been around for over a decade, while IBIT achieved this feat in just 22 months. That contrast underlines the pace at which crypto-linked instruments are now scaling on Wall Street.
IBIT on Track to Be the Fastest ETF Ever to $100 Billion
If BlackRock’s Bitcoin ETF continues at its current trajectory, it will surpass Vanguard’s famed S&P 500 ETF (VOO) in record time. VOO took 2,011 days—roughly five and a half years—to cross $100 billion, while IBIT is expected to do it in just 435 days.
That makes IBIT not just a financial success, but a historical milestone. No ETF—crypto or traditional—has ever grown this fast. The surge also reflects how the Trump administration’s pro-crypto policies have rekindled institutional enthusiasm for Bitcoin, pushing the United States closer to its vision of becoming the global “crypto capital.”
BlackRock Expands Its Bitcoin Strategy Beyond IBIT
The world’s largest asset manager isn’t stopping at IBIT. BlackRock has filed for a Bitcoin Premium Income ETF, which would use covered call strategies on Bitcoin futures to generate steady yields from option premiums.
Unlike IBIT, this product would sacrifice some of Bitcoin’s upside potential in exchange for regular income—an appealing strategy for investors seeking consistent returns in a volatile market.
This move suggests that BlackRock’s Bitcoin ETF ecosystem is expanding strategically rather than chasing short-term trends like altcoin ETFs. By focusing on Bitcoin and Ether, the firm is positioning itself as the institutional standard-bearer for regulated crypto investment vehicles.
Crypto Regulation Tailwinds Fuel the Bitcoin ETF Boom
The rally in BlackRock’s Bitcoin ETF also mirrors growing optimism in Washington. Under the Trump administration, crypto regulation is shifting from suspicion to support. Promises to make America the “crypto capital of the world” are translating into tangible policy momentum, from friendlier ETF approvals to broader acceptance of digital assets in financial infrastructure.
While the U.S. Securities and Exchange Commission (SEC) has temporarily paused ETF application reviews during the federal government shutdown, experts believe the momentum behind Bitcoin ETFs is now unstoppable.
Institutional Confidence Reaches All-Time High
The near-$100 billion milestone for BlackRock’s Bitcoin ETF signals a clear transformation in investor psychology. Institutions once wary of crypto are now allocating capital confidently through regulated vehicles like IBIT.
This represents a pivotal turning point: Bitcoin is no longer an outsider asset—it’s a central piece of global portfolio strategy. And as IBIT edges closer to that $100 billion mark, it’s not just rewriting ETF history—it’s redefining Wall Street’s relationship with crypto.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.
