BlackRock’s Bitcoin ETF Breaks Revenue Records, Surpassing Traditional Funds

BlackRock’s iShares Bitcoin Trust has emerged as its most profitable fund ever, demonstrating a major shift in investor sentiment towards digital assets. Record inflows into cryptocurrency ETFs, exceeding $5.95 billion, have fueled Bitcoin’s historic surge to a new all-time high of $126,223. This unprecedented growth reflects the increasing popularity of Bitcoin as a financial asset, pushing traditional funds like the iShares Russell 1000 Growth ETF and the iShares MSCI EAFE ETF into second place.