BlackRock Bitcoin ETF earns more than its flagship S&P 500 fund
BlackRock’s Bitcoin ETF is earning more in annual fees than the firm’s signature S&P 500 fund, despite having an expense ratio almost nine times higher.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
BlackRock’s Bitcoin ETF is earning more in annual fees than the firm’s signature S&P 500 fund, despite having an expense ratio almost nine times higher.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Ether ETFs Shed $184.6M in a Day as BlackRock Leads Redemptions
The latest numbers from US spot Ether exchange-traded funds are another reminder that crypto’s institutional wrappers do not alway...
Bitso Business Says Stablecoin Payment Volume Now Runs Above $150B Annualized
TL;DR: Bitso Business says the payment flows passing through its infrastructure have reached an annualized rate above $150 billion...
US Bitcoin ETFs Lose $201M as BlackRock Withdrawals Extend the Slump
US-listed spot Bitcoin funds recorded another difficult session on Monday, November 9. The updated Farside Investors flow table sh...
Ripple-linked Uphold faces withdrawal delays amid ‘bank run’ claims
Crypto exchange Uphold delayed many withdrawal requests this month, spooking customers and inciting social media criticism against...
Sharplink Onchain Yield Fund anchors launch of USHP, a tokenized US home price index
The launch of USHP could revolutionize real estate investment by merging traditional housing exposure with blockchain technology,...
Coinbase Wins Federal Trust Charter, Launching National Trust Company
Key Takeaways: The OCC granted Coinbase final approval to form Coinbase National Trust Company. The federal charter confers on a u...