The post BlackRock’s Bitcoin ETF just became its most profitable in under 2 years appeared on BitcoinEthereumNews.com.

BlackRock’s iShares Bitcoin Trust (NASDAQ: IBIT) has officially become the firm’s most profitable exchange-traded fund (ETF), less than two years after its debut. The milestone points to the growing interest in Bitcoin (BTC) on Wall Street, with ETFs serving as a key gateway for institutions to gain exposure to the asset.  Notably, the success of IBIT has helped fuel Bitcoin’s ongoing bull run, which recently culminated in a record high above $123,000. As of press time, Bitcoin was trading at $120,133, up over 1% in the past 24 hours. Since its launch in early 2024, IBIT has delivered returns of around 300% for investors, with demand surging amid Bitcoin’s rally, according to Bloomberg ETF analyst Eric Balchunas. IBIT assets surge to $88 billion  In an X post on July 14, Balchunas called the growth “un-freaking-believable,” noting that IBIT’s assets have exploded to $88 billion. He added that IBIT is now the 20th-largest ETF overall in the United States and the seventh-largest in BlackRock’s entire lineup. I wrote last wk that $IBIT could hit $100b this summer, but hell, could be this month. Thx to recent flows + overnight rally it’s already at $88b. At only 1.5yrs old is now 20th biggest in US, 7th biggest for BlackRock (and their #1 most profitable ETF). Un-freaking-believable. pic.twitter.com/r5FLwKSE7j — Eric Balchunas (@EricBalchunas) July 14, 2025 Demand for the ETF is further highlighted by the fact that it was the third most-traded fund in the U.S. on July 14, trailing only the giant S&P 500 ETF (SPY) and the Nasdaq-100 ETF (QQQ). Most-traded ETFs chart for July 14. Source: Bloomberg The Bitcoin rally has been a major catalyst for this momentum. With the world’s largest cryptocurrency setting new record highs, flows into spot Bitcoin ETFs have ballooned.  Balchunas estimates these products have attracted $50…

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Filed under: News - @ July 14, 2025 6:29 pm