BlackRock's IBIT, a spot Bitcoin ETF, is making waves in the financial world. According to Watcher Guru, IBIT has outperformed BlackRock's own flagship S&P 500 ETF, IVV, in terms of fee revenue. This is a significant milestone, highlighting the growing investor interest in cryptocurrency-related investment products. IBIT has seen consistent net inflows every month except one since its launch in January of last year. This strong demand translates directly into increased revenue. With a fee ratio of 0.25% per year, IBIT is estimated to generate around $187.2 million annually. This figure narrowly exceeds IVV's annual revenue of $187.1 million, demonstrating the impact of IBIT's success. The rise of Bitcoin ETFs like IBIT signals a shift in investment trends. ```

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