The post BlackRock’s Bitcoin ETF IBIT Tops $52B Inflows in Year, Becomes Company’s Most Profitable Product appeared on BitcoinEthereumNews.com. The COINOTAG News report, dated December 1, cites Cristian Bittencourt, Head of Business Development for BlackRock Brazil, noting that the BlackRock Bitcoin ETF has become the firm’s top profit driver. In its first year, net inflows surpassed $52 billion, outpacing peers. Analysts project IBIT’s annual fee revenue near $245 million by October 2025. Momentum stems from BlackRock‘s global distribution and renewed institutional demand after the US regulators approved a physically backed Bitcoin ETF. IBIT now holds about 3% of the total Bitcoin supply, with BlackRock expanding related ETPs overseas. Bittencourt also addressed recent outflows, noting they were expected as retail investors react to price declines. He described ETFs as liquid, powerful tools that facilitate fund flows. The remark aligns with continued institutional interest and BlackRock’s plan to broaden crypto exposure through offshore ETPs, reinforcing a steady stream of demand for crypto-linked products. Source: https://en.coinotag.com/breakingnews/blackrocks-bitcoin-etf-ibit-tops-52b-inflows-in-year-becomes-companys-most-profitable-productThe post BlackRock’s Bitcoin ETF IBIT Tops $52B Inflows in Year, Becomes Company’s Most Profitable Product appeared on BitcoinEthereumNews.com. The COINOTAG News report, dated December 1, cites Cristian Bittencourt, Head of Business Development for BlackRock Brazil, noting that the BlackRock Bitcoin ETF has become the firm’s top profit driver. In its first year, net inflows surpassed $52 billion, outpacing peers. Analysts project IBIT’s annual fee revenue near $245 million by October 2025. Momentum stems from BlackRock‘s global distribution and renewed institutional demand after the US regulators approved a physically backed Bitcoin ETF. IBIT now holds about 3% of the total Bitcoin supply, with BlackRock expanding related ETPs overseas. Bittencourt also addressed recent outflows, noting they were expected as retail investors react to price declines. He described ETFs as liquid, powerful tools that facilitate fund flows. The remark aligns with continued institutional interest and BlackRock’s plan to broaden crypto exposure through offshore ETPs, reinforcing a steady stream of demand for crypto-linked products. Source: https://en.coinotag.com/breakingnews/blackrocks-bitcoin-etf-ibit-tops-52b-inflows-in-year-becomes-companys-most-profitable-product

BlackRock’s Bitcoin ETF IBIT Tops $52B Inflows in Year, Becomes Company’s Most Profitable Product

The COINOTAG News report, dated December 1, cites Cristian Bittencourt, Head of Business Development for BlackRock Brazil, noting that the BlackRock Bitcoin ETF has become the firm’s top profit driver. In its first year, net inflows surpassed $52 billion, outpacing peers. Analysts project IBIT’s annual fee revenue near $245 million by October 2025. Momentum stems from BlackRock‘s global distribution and renewed institutional demand after the US regulators approved a physically backed Bitcoin ETF. IBIT now holds about 3% of the total Bitcoin supply, with BlackRock expanding related ETPs overseas.

Bittencourt also addressed recent outflows, noting they were expected as retail investors react to price declines. He described ETFs as liquid, powerful tools that facilitate fund flows. The remark aligns with continued institutional interest and BlackRock’s plan to broaden crypto exposure through offshore ETPs, reinforcing a steady stream of demand for crypto-linked products.

Source: https://en.coinotag.com/breakingnews/blackrocks-bitcoin-etf-ibit-tops-52b-inflows-in-year-becomes-companys-most-profitable-product

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