BlackRock Crypto ETFs: A $260M Revenue Benchmark
BlackRock's Bitcoin and Ether ETFs have generated $260 million in annual revenue, positioning them as a key model for traditional finance entering the digital asset space. Bitcoin ETFs contributed $218 million, while Ether products added $42 million.
BlackRock's iShares Bitcoin Trust (IBIT) now holds nearly $85 billion in AUM, dominating the US spot Bitcoin ETF market with 57.5% share.
Analysts foresee continued inflows potentially extending the crypto market cycle, with some predicting Bitcoin could reach $200,000. This institutional adoption signals a new era for digital assets.