Blackrock’s Ishares Bitcoin Trust ETF (IBIT) quickly confirms his status as the most dominant BTC fund among his colleagues.
Bitcoin analyst James Check marked The divergence in a post of 29 times and noted that the total inflow in all other Bitcoin ETFs has stagnated around $ 20 billion since December 2024.
Ibit alone has drawn more than $ 52 billion in cumulative inflow since the launch, which enhances the dominance in space.
He also pointed out that this trend is reflected in weekly intake data, whereby IBIT attracts the lion’s share of new investments and shows minimal outlines compared to competitors.
Check wrote:
“Dominance for all other ETFs in terms of total AUM has been constantly falling, initially dominated by GTBTC outflows, but more recently due to a clear preference for IBIT by investors.”
This matches facts Van Bloomberg ETF analyst Eric Balchunas, who noted that Ibit is now the fourth largest ETF in the US based on the inflow of the year.
According to Balchunas’ data, IBIT has jumped over SPDR portfolio S&P 500 ETF (SPLG) and encloses heavyweights such as Vanguard Total Stock Market ETF (VTI).
From June 23, IBIT had registered $ 13.7 billion to the inflow, which is for SPLGs $ 13.4 billion for, but under VTIs $ 19.3 billion.
He also emphasized Ibit’s Bijterstatus and noted that the fund is “the fifth in three -year streams (despite the fact that he only lived for 1.5 years).”
This inflow helped the fund to cross $ 70 billion in assets in control (AUM) in just 341 trading days, the fastest rate for every American ETF.
IBIT becomes Blackrock’s most profitable ETF
These outbreak performance have been translated into a significant financial profit for BlackRock.
Nate Geraci, President of the ETF store, noted That Ibit generates $ 186 million annually in reimbursement income and even IVV (Blackrock’s flagship S&P 500 ETF) exceeds $ 3 million.
According to Arkham Intelligence, this milestone In particular, it is remarkable in view of the fact that IVV is almost ten times larger than IBIT in terms of under -managed capacity.
The shift indicates a broader change in institutional behavior. Blackrock, long associated with traditional stock markets, now sees more income from the reimbursement of his bitcoin ETF than of legacy-on shares-based products.