Overview
- The U.S.-listed fund amassed $70 billion in assets within 341 days and now holds more than 3% of Bitcoin’s supply.
- Estimated annual fees of about $245 million position the product as BlackRock’s top earner.
- Net inflows topped $52 billion in the first year, outpacing most ETF launches over the past decade.
- Combined with Brazilian and overseas offerings, BlackRock’s Bitcoin allocations are nearing $100 billion.
- Company disclosures show the Strategic Income Opportunities Portfolio increased its stake by 14%, signaling ongoing institutional demand.