贝莱德的比特币ETF大富翁：收入激增，机构利益爆炸

BlackRock的比特币ETF（IBIT）正在浪潮，甚至超过其收入的标准普尔500 ETF。对加密货币的机构兴趣正在激增，贝莱德领导了这一指控。

BlackRock's Bitcoin ETF (IBIT) is not just a flash in the pan; it's a full-blown phenomenon. With revenue soaring and institutional interest exploding, IBIT is reshaping the crypto landscape and leaving traditional financial products in its dust.

贝莱德的比特币ETF（IBIT）不仅是锅中的闪光灯。这是一个成熟的现象。随着收入飙升和机构兴趣的爆发，IBIT正在重塑加密货币景观，并将传统金融产品留在其灰尘中。

IBIT's Meteoric Rise: A Revenue Rocket

ibit的迅速崛起：收入火箭

BlackRock’s iShares Bitcoin ETF (IBIT) has taken the market by storm, boasting net inflows exceeding $52 billion and assets under management surpassing $72 billion. IBIT has become a blockbuster product for BlackRock, with its annual fee revenue even eclipsing the BlackRock iShares Core S&P 500 ETF (IVV). Year-to-date inflows have crossed $14 billion, positioning IBIT among the top five ETFs launched in 2025.

贝莱德的iShares比特币ETF（IBIT）席卷了市场，净流入超过520亿美元，管理资产超过720亿美元。 IBIT已成为BlackRock的重磅炸弹产品，其年费收入甚至使BlackRock Ishares Core Core S＆P 500 ETF（IVV）黯然失色。年初流入已经超过140亿美元，将IBIT定位在2025年推出的前五名ETF中。

According to ETF Store President Nate Geraci, IBIT generates $186 million in annual revenue, surpassing IVV’s $183 million. This is remarkable, considering IBIT achieved this milestone within just 18 months of its launch, managing nearly $75 billion in assets (AUM) and 700,000 BTC at a 25-basis-point fee. In contrast, the S&P 500 ETF, with $609 billion in AUM, charges a significantly lower fee of 3 basis points.

根据ETF商店总裁Nate Geraci的说法，IBIT的年收入为1.86亿美元，超过IVV的1.83亿美元。考虑到IBIT在推出后仅18个月内实现了这一里程碑，这是值得注意的，管理近750亿美元的资产（AUM）和700,000 BTC，并以25个基准点的费用。相比之下，AUM的609亿美元的标准普尔500 ETF收取3个基点的费用明显降低。

Institutional Stampede: Bitcoin ETFs Lead the Charge

机构踩踏：比特币ETF领导费用

S&P Global reports that Bitcoin ETFs are fueling surging institutional interest in crypto, calling their market debut a turning point for institutional crypto adoption. Since launching in 2024, these funds have pulled in billions, with BlackRock’s IBIT leading the charge.

标准普尔全球报告表明，比特币ETF正在加剧对加密货币的机构兴趣，称他们的市场首次亮相是机构加密采用的转折点。自2024年推出以来，这些资金已经筹集了数十亿美元，而贝莱德（Blackrock）的IBIT领导了这一费用。

Assets under management for crypto ETFs more than doubled in just nine months, surpassing $120 billion by the end of 2024. The ease of accessing crypto through traditional brokerage platforms has been pivotal in driving demand, especially among institutions that prefer not to deal with direct custody.

在短短九个月内，管理加密ETF的资产增加了一倍以上，到2024年底超过了1,200亿美元。通过传统的经纪平台访问加密货币的易于驱动需求，尤其是在不愿处理直接监护的机构中，这是至关重要的。

BlackRock's recent purchase of $1.15 billion worth of Bitcoin, adding 1,530 Bitcoin on June 26 alone, underscores this trend. The firm's total Bitcoin holdings have reached a record high of $77.7 billion, signaling strong bullish sentiment and influencing other institutional investors.

贝莱德（Blackrock）最近购买了价值11.5亿美元的比特币，仅6月26日就增加了1,530个比特币，这突显了这一趋势。该公司的总比特币持有量达到了创纪录的777亿美元，表明了强烈的看涨情绪并影响了其他机构投资者。

Miner Resilience Amidst Market Fluctuations

矿工的弹性在市场波动中

Despite a recent dip in Bitcoin miner earnings, miners are holding onto their BTC, signaling resilience even as profit margins shrink. Daily revenues dropped to $34 million on June 22, the weakest level since April, driven by falling transaction fees and a muted Bitcoin price. However, outflows from miner wallets have shrunk dramatically, and mid-sized mining operations are quietly accumulating.

尽管最近的比特币矿工收入下降了，但矿工仍坚持其BTC，即使利润率缩小，也表明了弹性。每日收入在6月22日下降到3400万美元，这是自4月以来最弱的水平，这是由于交易费用下降和比特币价格下降所致。但是，矿工钱包中的流出幅度很大，中型采矿作业正在悄悄地积累。

Looking Ahead: What's Next for Bitcoin ETFs?

展望未来：比特币ETF的下一步是什么？

S&P expects demand for Bitcoin ETFs to continue growing, citing the simplicity of ETF trading and the added confidence provided by institutional-grade custodians. Bloomberg analysts anticipate altcoin ETFs could launch before the end of the year, further expanding the scope of regulated crypto investment products. This includes potential ETFs for assets like Solana, XRP, and even meme coins.

标准普尔预计对比特币ETF的需求将继续增长，理由是ETF交易的简单性以及机构级保管人提供的增强信心。彭博分析师预计，Altcoin ETF可以在今年年底之前推出，从而进一步扩大了受监管的加密投资产品的范围。这包括用于Solana，XRP甚至模因硬币等资产的潜在ETF。

My Take: BlackRock's Bet is a Game Changer

我的看法：贝莱德的赌注是改变游戏规则的人

BlackRock's aggressive foray into Bitcoin ETFs isn't just a passing fad; it's a seismic shift in the financial landscape. Their willingness to embrace Bitcoin, coupled with the overwhelming institutional interest, signals a long-term bullish outlook for crypto. The fact that IBIT is outperforming even BlackRock's S&P 500 ETF in revenue speaks volumes about the growing appetite for digital assets.

贝莱德对比特币ETF的侵略性不仅是一种过时的时尚。这是金融格局的地震转变。他们愿意接受比特币，再加上压倒性的机构兴趣，这表明了对加密货币的长期看涨前景。 IBIT在收入中的贝莱德（BlackRock）的表现都超过了贝莱德（BlackRock）的指标500 ETF，这一事实表明，对数字资产的需求日益增长。

While Bitcoin's price may experience short-term volatility, the underlying trend is clear: institutional adoption is here to stay. BlackRock's bet on Bitcoin is a game-changer, and it's only a matter of time before other major players follow suit.

尽管比特币的价格可能会经历短期波动，但潜在的趋势很明显：机构采用将留在这里。贝莱德（Blackrock）对比特币的赌注是改变游戏规则的人，而其他主要球员也效仿只是时间问题。

So, What Does It All Mean?

那么，这意味着什么？

In a nutshell, BlackRock's Bitcoin ETF is crushing it, institutional investors are piling in, and the future of crypto looks brighter than ever. Who knew that Bitcoin could go from digital curiosity to Wall Street darling so quickly? Buckle up, folks, because the ride is just getting started!

简而言之，贝莱德（Blackrock）的比特币ETF粉碎了它，机构投资者正在堆积，而加密货币的未来看起来比以往任何时候都更加光明。谁知道比特币可以这么快地从数字好奇心转向华尔街的宝贝？伙计们，搭扣，因为旅程才刚刚开始！