Bitcoin ETF Feeds Better Than Index Giant
The commission income of the IBIT fund from BlackRock, which invests in BTC, exceeded $187.5 million. For comparison, the fund on the S&P 500 earned $187.1 million - while it manages almost 9 times more assets.
The difference in commission does its job: 0.25% versus 0.03%. It turns out that the crypto ETF brings in as much money as the classics - but requires much less money.$BTC $ETH $BNB #BTCWhaleMovement #NFPWatch #TrumpVsMusk #REX-OSPREYSolanaETF #TrumpMediaBitcoinTreasury