BlackRock’s spot Bitcoin ETF, trading under the ticker IBIT, has overtaken BlackRock flagship S&P 500 ETF (IVV) in annual revenue generation. Despite being a fraction of its size in terms of assets under management, IBIT’s surge is pivotal. It indicates an increase in institutional demand for regulated Bitcoin exposure.
According to 2 July 2025 Bloomberg report, IBIT’s higher expense ratio of 0.25% has propelled it ahead of the iShares Cor S&P 500 ETF IVV.
Notably, IVV charge a nominal 0.03% fee in terms of annual fee income. So the higher fee structure of IBIT, combined with the surging interest in Bitcoin as an asset class, has given BlackRock a powerful new revenue engine.
“IBIT 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,” NovaDius Wealth Management president Nate Geraci told Bloomberg on 2 July 2025.
Importantly, IBIT is projected to generate over $187 million in annual fees.
BlackRock’s Bitcoin ETF is now more profitable than its S&P 500 fund.
The firm is raking in $187M in fees from its Bitcoin ETFs, a clear signal of where investor demand (and revenue) is heading.
Wall Street isn’t just adopting crypto, it’s actually profiting from it. pic.twitter.com/PQOpuYyZkt
— Bitcoinsensus (@Bitcoinsensus) July 3, 2025
DISCOVER: 20+ Next Crypto to Explode in 2025
Standard Chartered’s Bitcoin Outlook: Poised for a Historic Rally?
According to Standard Chartered’s latest market outlook, Bitcoin is poised for its strongest dollar rally in history in the second half of 2025. Bitcoin is expected to reach $135,000 before the close of September, according to Standard Chartered.
BitcoinPriceMarket CapBTC$2.15T24h7d30d1yAll time
Geoff Kendrick, Standard Chartered’s head of digital asset research said, “Thanks to increased investor flows, we believe BTC has moved beyond the previous dynamic whereby prices fell 18 months after a ‘halving’ cycle.”
Standard Chartered says #Bitcoin is heading to $200K by late 2025.
If that happens…
Where will ETH, SOL, and XRP be?
Drop your predictions. pic.twitter.com/KwPHIY67DW
— Crypto Decode (@TheCryptoDecode) July 2, 2025
If this forecast materialises, the appeal of spot Bitcoin ETFs like IBIT could grow even further.
“Strong inflows drove Q2 price gains,” added Kendrick, “US spot ETFs saw inflows of $12.4bn (120,000 BTC) during the quarter, and Bitcoin treasury companies added 125,000 BTC.”
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BTC ETFs See Interrupted Inflow Streak Amid Bearish BTC Price
However, BlackRock’s IBIT is clearly an exception.
The relentless inflow streak into US spot Bitcoin ETFs came to an abrupt halt amidst renewed bearish momentum and political headwinds. On 1 July 2025, the 12 US-listed spot Bitcoin ETFs collectively recorded $342.25 million in net outflows. This marks the end of a robust 15 day run that had seen $4.73 billion pour into US spot Bitcoin ETFs since mid-June.
Fidelity’s FBTC saw the largest withdrawal with $172.73 million in outflows. Grayscale’s GBTC saw $119.51 million redeemed.
ARK21Shares’ ARKB recorded $27.03 million in outflows. Bitwise’s BITB registered $22.98 million in redemptions.
Spot Bitcoin ETFs are more than just headlines, they’re unlocking serious liquidity.
Big money is flowing in, retail confidence is rising, and the market structure is shifting fast.
If you’re still trading like it’s 2021, you’re missing the ETF effect.
Stay sharp.#Bitcoin… pic.twitter.com/OUP7dTCkmo
— CryptonautX (@CryptonautX_) July 2, 2025
Explore: Bitcoin ETFs See Interrupted Inflow Streak Amid Bearish BTC Price
Key Takeaways
The US Bitcoin spot ETFs logged over $2 billion in net inflows last week, marking a three-week streak of positive momentum. Despite a bearish start to June, with $128.81 million in net outflows during the first trading week, investor appetite soon quickly rebounded. This turnaround has resulted in a cumulative $4.63 billion in deposits over the past three weeks. Bitcoin ETFs On Impressive 14-Day Positive Streak Despite Market Uncertainty On Friday June 27, the 12 US Bitcoin ETFs registered net inflows of $501.27 million bringing the aggregate deposits of the last week to a staggering $2.22 billion. According to data from ETF tracking site SoSoValue, the clean streak of daily inflows from last week extends the ETFs’ positive performance to 14 consecutive days. In analyzing individual ETF data from this week, the BlackRock IBIT registered $1.31 billion in net deposits solidifying its position as the market’s unrivalled leader. Meanwhile, Fidelity’s FBTC and Ark/21 Shares’ ARKB also experienced substantial cumulative inflows of $504.40 million and $268.14 million, respectively. Grayscale’s BTC, VanEck’s HODL, Valkyrie’s BRRR, Invesco’s BTCO, and Franklin Templeton’s EZBC also recorded moderate net flows ranging from $1million – $25 million. In familiar fashion, Grayscale’s GBTC produced the only net outflows losing $5.69 million in withdrawals, but still retains its position as the third largest Bitcoin ETF with $19.79 billion in net assets. Following this week, the US Bitcoin Spot ETFs have now recorded $4.50 billion in net flows in June signaling a resolute demand from institutional investors despite Bitcoin market troubles. Notably, the premier cryptocurrency has witnessed extensive corrections since hitting a new all-time high of $111,790 on May 22. Over the last month, BTC has made no new price discovery trading largely between $100,000 and $110,000 to form a descending price channel. While this price performance reflects a neutral market sentiment, the high influx of capital into the Bitcoin ETFs signal a long-term confidence by institutional investors on Bitcoin’s price appreciation prospects. Ethereum ETFs Log $283 Million In Deposit To Close Out H1 2025 In other developments, SoSoValue data also reveals that US Ethereum Spot ETFs notched up a cumulative inflow of $283.41 million over the last week extending their positive streak to seven consecutive weeks. In June alone, these ETFs saw total inflows of $1.13 billion, marking their largest monthly gain in 2025. As of the time of writing, the total net assets of the Ethereum ETFs stand at $9.88 billion, accounting for 3.37% of Ethereum’s market capitalization. Meanwhile, Ethereum continues to trade at $2,441 with Bitcoin prices set around $107,339.