IBIT attracts new clients to BlackRock, with 75% of buyers never having purchased its products before, signaling growth potential.

BlackRock’s IBIT now holds more than 700,000 BTC. The fund has managed to achieve this milestone 18 months after its launch, and its total returns since inception stand at 82.67%.

BlackRock's spot Bitcoin ETF made more in annual fees than its S&P 500 fund, reflecting strong demand from Wall Street to access Bitcoin.

At the world’s biggest asset manager, a Bitcoin exchange-traded fund now generates more revenue than its signature tracker of the S&P 500 Index.

Key PointsThe ARK 21Shares Bitcoin ETF closely tracks the price of Bitcoin, but it's simpler to manage than direct crypto ownership.

FBTC hits a 52-week high, surging 129% from its low, fueled by Bitcoin momentum and rising institutional demand.

In the filing, Figma revealed that its Board of Directors approved an investment in Bitcoin ETFs in 2024, and the company currently owns approximately $69.5 million, held in the Bitwise Bitcoin ETF ...

Wall Street giant BlackRock, Inc. (NYSE: BLK) is now generating more in revenue from its spot Bitcoin exchange-traded fund (ETF) than its signature S&P 500 fund offering, Bloomberg reported on July 2.