BlackRock’s IBIT Bitcoin ETF is officially the most profitable ETF the financial giant has ever launched, even beating out its S&P 500 tracker. With $88 billion in assets and positive flows every trading day since June 9th, IBIT is rewriting what Bitcoin adoption looks like in traditional finance.
In this Roxom.tv episode, we break down why IBIT is on track to hit $100 billion before the end of the month, how Bitcoin’s overnight rally helped accelerate flows, and why this ETF is now generating $186 million annually for BlackRock.
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