BlackRock Bitcoin ETF Now Third in Revenue, Says Eric Balchunas

Published: July 4, 2025

Last Updated: 19 Aug 2026

IBIT Now BlackRock’s Third Most Profitable ETF

BlackRock Bitcoin ETF IBIT Closes in on Top Spot With $76B in Assets

Eric Balchunas posted on his social media X (previously Twitter) with the update that, BlackRock Bitcoin ETF, $IBIT, has turned out to be one of the company's most successful funds ever. The Fund, which launched in January 2024, is currently the third-highest producing Exchange Traded Fund among BlackRock's 1,197 funds. With assets under management totaling $76 billion, the ETF earns an estimated $191 million a year. BlackRock's IBIT holds 696,874 BTC, capturing significant institutional interest and solidifying digital asset's prominence in the financial sector.

About the Author Muskan Sharma

English News Writer at coingabbar.com

Muskan Sharma is a crypto journalist with 3 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.