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BlackRock’s Spot Bitcoin ETF offering brings more revenue than its S&P 500 tracker fund, according to Bloomberg analysts. The iShares Bitcoin Trust ETF (IBIT) has picked up inflows in all but one of the last 18 months, an extremely successful offering since its launch in January 2024. JUST IN: BlackRock's Bitcoin ETF drives more revenue than its S&P 500 fund. pic.twitter.com/4M9ZmHsMjI — Watcher.Guru (@WatcherGuru) July 2, 2025 With an expense ratio of 0.25%, the fund brings in an estimated $187.2 million in annual fees, according to Bloomberg. That is higher than the $187.1 million made by BlackRock’s iShares Core S&P 500 ETF (IVV). What is even more shocking about that stat is that the BlackRock S&P 500 fund is nearly nine times larger at around $624 billion in assets, and charges just 0.03%. “IBIT overtaking IVV in annual fee revenue is reflective of both the surging investor demand for Bitcoin and the significant fee compression in core equity exposu...

BitMEX founder Arthur Hayes says there will come a time this year when he will start moving capital out of the risk curve into select altcoins. In a new essay, Hayes says that the digital asset industry may experience a “letdown” by incoming President Trump if he ultimately isn’t as pro-crypto as he campaigned, sending market prices down. However, he says that such a situation – if it occurs – can easily be balanced out by a new flood of fresh liquidity, likely from the Treasury and Federal Reserve. “Trump on his proposed pro-crypto and pro-business legislation can be covered by an extremely positive dollar liquidity environment, an increase of up to $612 billion in the first quarter. Right on schedule, just like almost every other year, it will be time to sell in the late stages of the first quarter and chill on the beach, at the [club], or on a ski resort in the Southern Hemisphere and wait for positive fiat liquidity conditions to re-eme...