#noticiascripto 🚨🔥BlackRock earns more money with its bitcoin ETF than with that of the S&P 500

This milestone marks a growing interest in bitcoin, primarily at the institutional and corporate level.

The key to this difference lies, among other things, in the fee structure of both ETFs.

The interest in bitcoin is also evidenced by direct purchases made by institutions.

The exchange-traded fund (ETF) of bitcoin (BTC) launched and managed by BlackRock, the largest asset manager in the world, is generating more revenue than its flagship fund that tracks the S&P 500 index. This is a strong signal of the growing appetite for BTC.

According to data from Bloomberg, the iShares Bitcoin Trust ETF (IBIT) has generated estimated revenues of $187.2 million annually in fees. That figure slightly exceeds the $187.1 million obtained by the iShares Core S&P 500 ETF (IVV), BlackRock's historic fund that tracks the performance of the 500 largest companies in the United States.