Golden Finance reports that BlackRock's iShares division offers over 1,400 ETFs globally, but none of them can compare to its Bitcoin ETF. The iShares Bitcoin Trust (IBIT) broke industry records when it launched in 2024. In just 11 months, its asset size ballooned to over $50 billion. Todd Sohn, Managing Director of ETF and Technical Strategies at Strategas Securities, noted in a report that the size of IBIT has grown to be equivalent to the total assets managed by more than 50 ETFs focused on the European market, many of which have been around for over 20 years. Nate Geraci, President of consulting firm The ETF Store, called it 'the greatest issuance in ETF history.' With its current asset size and a fee ratio of 0.25%, IBIT is expected to generate approximately $112 million annually. (Bloomberg)
