2026-03-30 19:03:14

BlackRock made $250 million from a Bitcoin fund that's down $8 billion

BlackRock's Bitcoin ETF holds 777,000 BTC
Investors bought $63.2 billion since launch
The fund is worth about $55 billion today
That's an $8 billion gap between what went in and what it's worth now
BlackRock charges a 0.25% annual fee on the entire fund
Last year IBIT earned them $174.6 million in fees, up 267% from $47.5 million the year before
At its current size the fund brings in about $250 million a year
Whether Bitcoin goes up or down, that fee gets paid
Larry Fink's total compensation in 2025: $37.7 million
A 23% raise from the year before
He spent years publicly dismissing Bitcoin as a tool for money laundering
Now it's one of the fastest growing revenue lines in BlackRock's history

BTC0,19%

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