Odaily Planet Daily News BlackRock Group's iShares division offers more than 1,400 ETFs worldwide, but none of them can match the performance of its Bitcoin ETF. iShares Bitcoin Trust (IBIT) broke industry records when it was launched in 2024. In just 11 months, its assets swelled to more than $50 billion. Todd Sohn, managing director of ETF and technology strategy at Strategas Securities, pointed out in a report that IBIT's size has swelled to the equivalent of the total assets managed by more than 50 ETFs focused on the European market, many of which have been in existence for more than 20 years. Nate Geraci, president of consulting firm The ETF Store, called it "the greatest launch in ETF history." With its current asset size and 0.25% expense ratio, IBIT is expected to earn about $112 million a year. (Bloomberg)

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