IBIT approaches $100B in AUM as BlackRock’s most profitable ETF
BlackRock’s iShares Bitcoin Trust ETF (IBIT) has approached $100 billion in belongings below administration, making it the agency’s most profitable ETF regardless of its launch simply 435 days in the past. Bloomberg senior ETF analyst Eric Balchunas famous on Oct. 6 that IBIT now generates extra income for BlackRock than funds which were working for…
