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IBIT has now become the third highest income ETF under BlackRock, standing out among 1197 funds.
According to ChainCatcher news, Eric Balchunas, a senior ETF analyst at Bloomberg, disclosed that IBIT has now become BlackRock's 3rd highest-grossing ETF, standing out among its total of 1197 funds, just 9 billion dollars away from reaching the top spot. This is an incredible achievement for an ETF that is only 1.5 years old (it is still in its infancy). The attached image shows the top ten funds by income under BlackRock.