According to Cointelegraph, BlackRock, the world's largest asset manager, is now generating more annual fees from its spot Bitcoin exchange-traded fund (ETF) than from its flagship S&P 500 fund. This shift highlights the growing investor interest in Bitcoin and the impact of fee compression in core equity exposure. Nate Geraci, president of NovaDius Wealth Management, noted that the iShares Bitcoin (BTC) ETF (IBIT) has overtaken the iShares Core S&P 500 ETF (IVV) in annual fee revenue, reflecting the increasing demand for Bitcoin. The IBIT, with an expense ratio of 0
source: https://www.binance.com/en/square/post/26430373667266?utm_source=BinanceNewsRSS