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.” DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 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

Bitcoin Magazine

BlackRock’s Bitcoin ETF Drives More Revenue Than Its S&P 500 Fund BlackRock’s iShares Bitcoin Trust (IBIT) is now generating more annual fee revenue than its signature tracker of the S&P 500 Index, according to a Bloomberg report. JUST IN: World's largest asset manager BlackRock's #Bitcoin ETF drives more revenue than its S&P 500 fund — Bloomberg pic.twitter.com/7rT4gWXTgl— Bitcoin Magazine (@BitcoinMagazine) July 2, 2025 Despite being only 18 months old, the $75 billion iShares Bitcoin Trust ETF (IBIT) has drawn consistent inflows from investors. With a 0.25% fee, it now generates an estimated $187.2 million in annual revenue, surpassing the $187.1 million earned by BlackRock’s $624 billion S&P 500 ETF (IVV), which charges just 0.03%. “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,” said the President at NovaDius Wealth Management Nate Geraci. “Although 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.” According to Bloomberg data, the surge has been driven by investor demand with IBIT attracting $52 billion of the $54 billion that has flowed into spot Bitcoin ETFs since they began trading in January 2024. It now holds over 55% of the category’s total assets and has seen outflows in only one month. “It’s an indication of how much pent-up demand there was for investors to gain exposure to Bitcoin as part of their overall portfolio without having to open a separate account somewhere else,” said the co-founder of Bespoke Investment Group Paul Hickey. “It also illustrates the leadership of Bitcoin in the crypto space where it’s perceived utility as a store of value has essentially left the others in its dust.” The 25-year-old IVV remains a traditional equity tracking, ranking as the third-largest ETF among more than 4,300 U.S. funds. The swift rise of Bitcoin ETFs reflects a regulatory shift that opened the door to broader adoption. This change has sparked a surge of capital from hedge funds, pensions and banks. As a result, IBIT now ranks among the top 20 most traded ETFs in the market. This post BlackRock’s Bitcoin ETF Drives More Revenue Than Its S&P 500 Fund first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

Bitcoin Magazine

Italian Bank UniCredit SpA Announces Investment On BlackRock’s Bitcoin ETF IBIT Italy-based UniCredit SpA announced today it will offer to its professional clients a structured investment product tied to BlackRock’s iShares Bitcoin Trust ETF (IBIT), offering their clients full capital protection against losses, Bloomberg reported. “The bank plans to issue a five-year, dollar-denominated investment certificate linked to the iShares Bitcoin Trust ETF which will offer a 100% capital protection at maturity,” according to an internal memo seen by Bloomberg News that was also confirmed by the bank. The maximum return of the investment is up to 85% of the ETF’s performance, with a minimum investment requirement of $25,000, according to the memo. The UniCredit certificate will be only available to the bank’s professional clients in Italy from July 1 to July 28. The move reflects growing institutional demand for regulated Bitcoin investments. BlackRock’s IBIT has seen a rapid growth since launching in the U.S. in January 2024, which now manages $75 billion. “We are seeing increasing interest from professional investors in instruments tied to emerging asset classes such as cryptocurrencies,” said the Head of Group Investment Product Solutions and Equity & Credit Sales and Trading of UniCredit Chicco di Stasi. “With this product, we offer our professional clients a distinctive solution —the first of its kind in Italy.” On March 25, 2025, BlackRock expanded its footprint in the space with the launch of a Bitcoin exchange traded product in Europe. The iShares Bitcoin ETP began trading on Xetra and Euronext Paris under the ticker IB1T, and on Euronext Amsterdam under BTCN. The product launched with a temporary fee waiver of 10 basis points, lowering its expense ratio to 0.15% until the end of the year.  “It reflects what really could be seen as a tipping point in the industry — the combination of established demand from retail investors with more professionals now really getting into the fold,” stated the Head of Europe & Middle East iShares Product of BlackRock Manuela Sperandeo.  This post Italian Bank UniCredit SpA Announces Investment On BlackRock’s Bitcoin ETF IBIT first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

The US Bitcoin Spot ETFs have been one of key bullish drivers of the present market cycle, heralding an influx of institutional investors into the BTC ecosystem. In 18 trading months, these ETFs have acquired 6.25% of the Bitcoin market cap cementing their status as a major force in the market. Interestingly, prominent market analyst Axel Adler Jr. has pointed to a recent positive trend within the Bitcoin ETF space, suggesting further upside potential and a bullish outlook for the months ahead. Bitcoin Spot ETFs To Hold 1.2 Million BTC By September – Analyst In an X post on June 28, market analyst Axel Adler Jr. highlighted a compelling trend in the accumulation pattern of US Bitcoin Spot ETFs over the past three months. The renowned analyst explains that assets under management (AUM) i.e. net assets of these ETFs excluding the Grayscale GBTC have grown significantly from 932,000 BTC in April 2025 to 1,056,000 BTC today. This development represents a net gain of 124,000 BTC over 87 days, averaging an impressive inflow of 1,430 BTC per day. As the undisputed market leader, the BlackRock IBIT accounts for the majority of this growth attracting 118,000 BTC i.e. 1,360 BTC per day in deposits. In contrast, the remaining 11 ETFs contributed a combined total of 6,000 BTC, or 70 BTC per day, indicating a clear concentration of investor interest around BlackRock’s product. According to Adler Jr., if institutional investors maintain the current accumulation pace of 1,430 BTC per day, these Bitcoin ETFs are on course to hit an AUM of 1,840,000 BTC by September, representing 9.25% of the circulating BTC tokens. Within that total, BlackRock IBIT is expected to hold an estimated 817,000 BTC. When combined with GBTC’s current AUM of $19.79 billion, Adler Jr.’s predictions mean the US Bitcoin Spot ETFs would hold net assets valued significantly over $197.54 billion. Bitcoin Price Overview At the time of writing, Bitcoin trades at $107,339 reflecting a minor price growth of 0.28% in the past 24 hours. Meanwhile, the asset’s daily trading volume is down by 33.88% and valued at $30 billion. On larger time frames, the premier cryptocurrency also maintains a positive performance with gains of 5.61% and 1.06% on the weekly and monthly chart respectively, indicating a potential bullish momentum shift following weeks of range-bound movement.  Since establishing a new all-time high of $111,970  in late May, Bitcoin has struggled to explore new price territory, instead settling into a descending channel between $100,000 and $110,000.