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Michael Saylor Predicts IBIT Will Surpass All BlackRock ETFs in Revenue

Blackrock and Bitcoin logo on dark background with shiny details. 3D render. MUENSTER, GERMANY - June 17, 2023

Blackrock and Bitcoin logo on dark background with shiny details. 3D render. MUENSTER, GERMANY - June 17, 2023

MicroStrategy co-founder Michael Saylor believes BlackRock’s iShares Bitcoin Trust ETF (IBIT) is on track to become its top-earning ETF—outperforming more than 1,195 other funds offered by the asset management titan. This prediction follows Bloomberg analyst Eric Balchunas’ revelation that IBIT is already the third-highest revenue-generating ETF for BlackRock, with $191 million earned so far.

Launched in 2024, IBIT has quickly become a standout success. Despite being relatively new, it has only experienced one month of outflows—February 2025—and continues to attract strong inflows. With a staggering $76.31 billion in total net assets, IBIT has left major competitors in the dust, including Fidelity’s similar fund, which holds just $22.05 billion.

Bitcoin ETF Outshining Traditional Giants

BlackRock charges a 0.25% annual fee on IBIT’s assets under management (AUM), which contributes directly to its revenue. While the iShares Core S&P 500 ETF (IVV) holds a massive $627 billion in assets, its low 0.03% fee means it earns just $188 million—less than IBIT. This stark contrast reveals why Saylor’s prediction may not be far-fetched.

The iShares Russell 1000 Growth ETF (IWF) currently leads in revenue with $211 million, thanks to a 0.19% fee. However, given IBIT’s rising AUM and sustained investor interest, the gap is narrowing quickly.

Why Michael Saylor Prediction Matters

Saylor’s bullish outlook underscores a major shift in institutional interest toward Bitcoin as a mainstream asset. If IBIT does become BlackRock’s top revenue-generating ETF, it could signal a broader change in traditional finance—where Bitcoin-based products start to rival or even eclipse conventional stock ETFs in profitability.

BlackRock’s success with IBIT reflects growing demand for regulated, accessible Bitcoin investment vehicles. With its explosive growth and continued investor appetite, IBIT may soon stand not only as BlackRock’s most profitable ETF but also as a defining symbol of Bitcoin’s financial legitimacy.

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