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Posted by
Two Blokes Jul 3 -
Filed in
Crypto
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BlackRocks iShares Bitcoin Trust (IBIT) is now generating more annual revenue than its long-standing iShares Core SP 500 ETF (IVV), according to Bloomberg data. Despite IBIT managing just $52 billion in assets under management (AUM) compared to IVVs massive $624 billion, the higher fee structure of the bitcoin ETF is driving greater earnings for the asset management giant.
