BTC ETF OUTEARNS S & P 500 Fund from Blackrock at $ 100,000 star-news.press/wp

Blackrock, the world’s largest asset manager, is now winning more annual fees from her Bitcoin Trade-TRADED from the leading S&P 500 box, according to a recent report.

“The transgressor of IBIT IVV in the annual fees revenue reflects all who request the increasing investor on Bitcoin and the major graphics pressure in the basic basic exposure.” He said Bloomberg on Wednesday.

Bitcoin has now captured “Wall Street’s unprecedented interest”

With the expenses of 0.25 % and about $ 75 billion of management assets (AUM), ISHARES Bitcoin (BTC) from Blackrock $ 187.2 million of annual fees, made about $ 100,000 more than ISHARES CORE S&P 500 ETF (IVV).

IVV, which was launched in 2000, exceeds eight times more than IBIT, with approximately 624 billion dollars of assets, but earns nearly nine times, by only 0.03 %.

Many CEOs for encryption were quick to comment on the results. Pioneer encryption Anthony Box He said In the X Publishing, “Bitcoin has the completely unintended Wall Street attention now.” The funds of the financial director, Bin Fam, sought He said Bitcoin will be the “death” of active management and negative indexing portfolios.

Code Cady O’Neel He said Everything says about the place of capital. Institutions are no longer curiosity anymore, they are committed. ”

Meanwhile, the founder of Macai James McCai Research He said The news was rising and “maybe something.”

Related to: The basis of the Bitcoin $ 117,000 STH cost is the next BTC price station

Since its launch in January 2024, IBIT from Blackrock has recorded $ 52.4 billion in flows, higher than any spot of Bitcoin ETF, According to To Farside data.

IBIT closed on Wednesday at $ 62.41, an increase of 4.31 % throughout the day, According to To Google Finance Data. The rise comes when the bitcoin price increased by 2.82 % during the same period, and it is now commerce In 108660 dollars.

Meanwhile, IVV closed today at $ 623.42, an increase of 0.44 % during the day.

The US -based investment funds in Bitcoin, the first day of the external flow on Wednesday, after 15 days, consecutively traded the flows.

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This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.