The revenue places it behind only BlackRock’s iShares Russell 1000 Growth ETF (IWF), which generates around $211 million, and the iShares MSCI EAFE ETF (EFA), which generates roughly $207 million.
A separate Bloomberg News report noted that IBIT is now only $9 billion in assets away from overtaking IWF to become BlackRock’s top revenue-generating ETF out of its lineup of over 1,100 funds.
According to Balchunas:
“Just another insane stat for a 1.5-year-old (literally an infant) ETF.”
IBIT launched in January 2024 alongside other spot Bitcoin ETFs approved by the U.S. Securities and Exchange Commission.
By its six-month mark, the fund had already grown to over $50 billion in assets, reflecting accelerating institutional and retail demand for regulated Bitcoin exposure.
According to the Bloomberg report, IBIT’s performance highlights the growing integration of Bitcoin into traditional portfolios, mirroring the trajectory of gold ETFs over the past two decades.
