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

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.