BlackRock’s IBIT has really gone wild this time.

This thing has completely outperformed its own S&P 500 ETF—reaching $50 billion in assets in just 11 months, setting a speed record in the ETF industry. In 2024 alone, it has attracted $37.2 billion, pushing aside a bunch of veteran products to break into the top three in the US.

Even more impressive is the management fee income. Starting from July 2025, IBIT will surpass the flagship S&P 500 ETF IVV in monthly revenue—something even BlackRock itself didn’t expect.

The trading volume is even more insane: an average of $1.7 billion per day, with a single-day peak of $3.35 billion, once even outperforming the Nasdaq QQQ and firmly ranking in the market’s top four. In the options market, with $38 billion in open contracts, it has directly overtaken Coinbase’s Deribit, becoming the new global leader in Bitcoin options.

This isn’t just a Bitcoin ETF—it’s a financial nuclear weapon.

In less than a year, BlackRock has proven that Wall Street isn’t just good at stock indexes; packaging Bitcoin as a product can also demolish traditional flagships. S&P 500? Sorry, you’ll have to call IBIT the big brother now.