BREAKING
222d 7h ago

BlackRock’s iShares Bitcoin Trust ETF (IBIT) Surpasses $75 Billion in Assets with Record Institutional Inflows

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

BlackRock’s iShares Bitcoin Trust ETF (IBIT) has demonstrated remarkable resilience, attracting consistent capital inflows from both institutional and retail investors since its inception. As of early July, the fund manages assets close to $75 billion, underscoring growing confidence in cryptocurrency exposure through regulated investment vehicles. Data from Bloomberg indicates the ETF maintains a 0.25% expense ratio, generating an estimated $187.2 million in annual fee revenue. This positions IBIT as a significant player in the digital asset ETF landscape, despite its asset base being substantially smaller than BlackRock’s flagship iShares Core S&P 500 ETF (IVV).

Comparatively, IVV commands nearly $624 billion in assets under management with a notably lower expense ratio of 0.03%, resulting in annual fees of approximately $187.1 million. The juxtaposition highlights IBIT’s premium fee structure, reflective of the specialized nature and operational complexities inherent in cryptocurrency funds. These metrics provide valuable insights for investors evaluating cost-efficiency and growth potential within diversified ETF portfolios.

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