According to market reports, BlackRock’s iShares Bitcoin Trust (IBIT) has climbed to the edge of a major milestone, with assets under management roughly between $98 billion and $100 billion.

In just over a year since launch, the fund has generated roughly $244–$245 million in annualized revenue, driven by steady inflows and a 0.25% management fee. This rapid rise has made IBIT one of the most lucrative products in BlackRock’s lineup.

Rapid Growth And Revenue

IBIT reached its current size in about 435 days. Based on reports, that pace is far faster than many legacy funds took to build similar scale — Vanguard’s S&P 500 ETF (VOO) took roughly 2,011 days to hit $100 billion.

Market watchers have said IBIT may become the fastest ETF ever to reach $100 billion. Bloomberg analyst Eric Balc

See Full Page