IBIT Bitcoin ETF Becomes BlackRock’s Most Profitable Fund, Nears $100B Milestone

BlackRock’s iShares Bitcoin Trust (IBIT) has become the firm’s most profitable exchange-traded fund (ETF). It has earned more than $244 million in annual revenue. The fund is now only a small step away from surpassing $100 billion in assets under management, less than two years after its debut. Full Info