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221d 7h ago
IBIT Emerges as BlackRock’s Third-Highest Income ETF Just $9 Billion from Top Spot
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On July 4th, Bloomberg senior ETF analyst Eric Balchunas revealed that the IBIT ETF has surged to become the third-largest income-generating fund within BlackRock’s extensive portfolio of 1,197 ETFs. With assets trailing the leading fund by a mere $9 billion, IBIT’s rapid ascent is notable given its brief market presence of just 18 months. This performance underscores the fund’s strong appeal to investors seeking consistent income streams. The accompanying visual highlights the top ten income-focused ETFs managed by BlackRock, illustrating IBIT’s significant positioning among industry leaders.
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