BlackRock Bitcoin Fund Hits ‘Absurd’ Growth, Eyes $100B AUM

According to market reports, BlackRock’s iShares Bitcoin Trust (IBIT) has climbed to the edge of a major milestone, with assets under management roughly between $98 billion and $100 ￰0￱ just over a year since launch, the fund has generated roughly $244–$245 million in annualized revenue, driven by steady inflows and a 0.25% management ￰1￱ rapid rise has made IBIT one of the most lucrative products in BlackRock’s ￰2￱ Growth And Revenue IBIT reached its current size in about 435 ￰3￱ on reports, that pace is far faster than many legacy funds took to build similar scale — Vanguard’s S&P 500 ETF (VOO) took roughly 2,011 days to hit $100 ￰4￱ watchers have said IBIT may become the fastest ETF ever to reach $100 ￰5￱ analyst Eric Balchunas describes this ascent as “absurd.” The math is simple: large flows plus rising bitcoin prices push AUM higher, which then boosts fee ￰6￱ loop has been powerful this year. $IBIT a hair away from $100 billion, is now the most profitable ETF for BlackRock by a good amount now based on current ￰7￱ out the ages of the rest of the Top ￰8￱ — Eric Balchunas (@EricBalchunas) October 6, 2025 Flow Numbers And Market Moves On a recent trading day, US spot Bitcoin ETFs saw net inflows near $1.2 ￰9￱ reportedly captured about $970 million of that ￰10￱ on market coverage, more than half of ETF inflows into the US market went into IBIT, underscoring its lure for many ￰11￱ money pours in at this scale, the demand for the underlying bitcoin is pushed higher, and price moves can be ￰12￱ traders watch these inflow days closely because similar spikes have come near local price tops in the ￰13￱ Impact And Risks Reports have disclosed a few clear risks for investors and for the broader ￰14￱ is the premium or discount that can form between an ETF’s market price and its Net Asset Value; that gap can widen during stressed ￰15￱ is regulation: rules in the US or abroad could change, and that could affect ￰16￱ is also a factor — fee pressure from rival issuers could alter revenue projections.

Finally, rapid growth is easier at the start; sustaining this pace will be harder as the base becomes ￰17￱ And Strategy Moves IBIT’s structure relies on daily creation and redemption by authorized participants, and it uses a major custody setup for the bitcoin ￰18￱ to filings and industry reports, BlackRock is exploring product extensions such as a bitcoin “premium income” ETF that would aim to generate yield through options strategies, and it has taken steps like filing to create supporting trust ￰19￱ moves suggest the firm is planning for multiple ways to serve ￰20￱ image from Newscom, chart from TradingView