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Yahoo
43 minutes ago
- Business
- Yahoo
BlackRock's Bitcoin ETF Is Outperforming Its S&P 500 FUND
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin is having such a scorching hot 2025 that BlackRock's (NYSE: BLK) iShares Bitcoin Trust Exchange Traded Fund (NASDAQ: IBIT) is earning more than its vaunted iShares Core S&P 500 ETF (NASDAQ: IVV). According to Bloomberg, the iShares Bitcoin ETF has generated $187.2 million despite only having $52 billion worth of assets under management. BlackRock's iShares Core S&P 500 ETF has over $600 billion in assets under management and has generated $187.1 million in revenue. The revenue figures are very close but the IBIT is radically out-earning the IVV on a dollar-for-dollar basis. Does this mean it's time to dump the iShares Core S&P 500 ETF and go all in on the crypto fund? Not necessarily. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . It's important to get an apples-to-apples understanding of both funds before making any investment decisions. First off, BlackRock's Bitcoin ETF has a significantly higher fee structure than its S&P 500 ETF. BlackRock's website says the IBIT charges an annual fee of 0.25%, compared to the IVV's 0.03%. That explains why BlackRock earns more revenue from the IBIT than the IVV. However, that doesn't automatically mean the IBIT is a better investment option for you than the IVV. The answer to that question depends on several variables, such as your investment goals, risk tolerance, and how much capital you have. It's also good to remember that you can diversify your ETF portfolio by investing in the IBIT and the IVV at the same time. BlackRock established the IBIT to allow traditional investors to make cryptocurrency investments through a traditional broker. The IBIT is a spot fund that uses investor capital to buy bitcoin, which is held in trust. The share price movements up or down are largely based on Bitcoin's spot price. If Bitcoin rises, IBIT share prices increase, and the opposite is true if Bitcoin declines. Trending: New to crypto? on Coinbase. The IBIT's share price has grown from $24.71 to $66.16 since its inception. That's roughly 270% appreciation in share value since January 2024, which makes sense considering Bitcoin's value has been surging for most of that time. The IVV was trading at $470.17 in early January 2024, and it's currently trading at $624.99. That's roughly 130% appreciation in share value over the same period. However, the IVV pays a 1.36% dividend. Its impressive returns can be attributed to the S&P 500's bull run, plus the fact that every stock in the IVV portfolio is from one of the most profitable companies in the U.S. The IVV was trading at roughly $143 at its inception in 2000. That means its shares have appreciated by nearly 440% over the last 25 years. With that said, it's impossible to deny the IBIT has outperformed the IVV since January 2024. However, the IVV's nearly three-decade-long performance track record and its highly diversified nature play strongly in its favor. Yes, Bitcoin is surging, but it has quite a way to go before it can match the S&P 500's historical performance. It's also volatile and subject to wild swings in VV's performance history and the fact that the iVV offers passive income mean it's an expensive share to buy. You can buy almost 10 IBIT shares for the same price as just one IVV share. However, the IBIT is not nearly as diversified as the S&P 500 because, by design, all IBIT holdings are in Bitcoin. With that said,there is no limit to how high Bitcoin can go if it continues gaining favor with investors and regulators. You may look back 25 years from now and be amazed you bought IBIT shares for only $67. The bottom line is that IBIT offers retail investors a transparent, convenient way to invest in Bitcoin. If that's still too adventurous for you, the old, reliable IVV might be more to your liking. Read Next: Accredited investors can —with up to 120% bonus shares—before this Uber-style disruption hits the public markets Image: Shutterstock This article BlackRock's Bitcoin ETF Is Outperforming Its S&P 500 FUND originally appeared on
Yahoo
2 hours ago
- Business
- Yahoo
New Money Market ETF Draws $2.1B in First Week
A new money market ETF just launched, and it's already making waves. The Simplify Government Money Market ETF (SBIL) amassed $2.1 billion in assets under management in its first week of trading, a rare feat for a freshly launched fund. The ETF began trading on July 14 and is part of a small but growing group of money market ETFs built specifically to comply with Rule 2a-7 under the Investment Company Act of 1940, the same rule that governs traditional money market mutual funds. Unlike classic money market funds, which are priced once daily and maintain a constant $1 net asset value (NAV), SBIL has a floating NAV and trades intraday like any other ETF. That's a key benefit for institutional and retail investors alike, allowing them to move in and out of positions throughout the day without waiting for end-of-day pricing. SBIL charges an expense ratio of 0.15%. SBIL Part of a Broader Trend SBIL's debut comes amid surging demand for ultra-short-term bond ETFs and cash-like strategies more broadly. While technically labeled a money market ETF, SBIL isn't radically different from other popular ultra-short Treasury ETFs like the iShares 0-3 Month Treasury Bond ETF (SGOV) or the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL). These funds invest in high-quality debt with very short maturities—typically under three months—resulting in minimal interest-rate risk and essentially no credit risk. While SGOV and BIL hold only Treasurys, money market ETFs like SBIL adhere to 2a-7 requirements, which enforce strict rules around maturity, liquidity and credit quality. In practice, the differences are mostly technical. To investors, they all serve as short-term, cash-like vehicles. A Budding Subcategory SBIL joins a short list of true money market ETFs launched in the past year. The first was the Texas Capital Government Money Market ETF (MMKT), which debuted in 2024. Since then, BlackRock Inc. (BLK) has entered the space with the iShares Government Money Market ETF (GMMF) and the iShares Prime Money Market ETF (PMMF). SBIL is by far the largest ETF in the money market ETF category, though the aforementioned SGOV and BIL dominate the broader ultra-short-term bond ETF space. SGOV recently became the first such ETF to cross $50 billion in | © Copyright 2025 All rights reserved Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Globe and Mail
14 hours ago
- Business
- Globe and Mail
Exchange Traded Concepts Sells 1,243,500 IBIT Shares Worth $69.50 Million
Key Points Sold 1,243,500 IBIT shares for $69.50 million during the second quarter of 2025. Transaction represented 0.85% of Exchange Traded Concepts' 13F reportable assets under management. Post-trade holding: 1,250,000 shares valued at $76.51 million. IBIT now accounts for 0.94% of the fund's 13F assets under management, down from 1.78% in the previous quarter. These 10 stocks could mint the next wave of millionaires › On July 10, 2025, Exchange Traded Concepts reported a sale of 1,243,500 shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT), valued at $69.50 million, according to its latest Securities and Exchange Commission (SEC) filing. What happened According to the July 10 SEC filing, Exchange Traded Concepts reduced its position in iShares Bitcoin Trust ETF by 1,243,500 shares during the second quarter. The transaction, valued at $69.50 million, left the fund with 1,250,000 IBIT shares worth $76.51 million as of June 30, 2025. The sale decreased IBIT's share of the fund's 13F reportable assets under management to 0.94%. What else to know This was a sale, leaving IBIT at 0.94% of the fund's 13F reportable AUM Top holdings after the filing: VOO: $424.24 million (5.2% of AUM) GOOGL: $382.75 million (4.7% of AUM) AAPL: $380.88 million (4.7% of AUM) SPY: $352.72 million (4.3% of AUM) SPLG: $350.68 million (4.3% of AUM) IBIT closed at $64.50 on July 10, 2025; one-year return: 95.7% for the period ending July 10; one-year alpha vs. S&P 500: 83.08 percentage points Shares are 0.5% below the 52-week high as of July 10, 2025 IBIT ETF overview Metric Value Market capitalization $72.81 billion Current price $64.50 50-day moving average $59.63 One-year price change 95.7% ETF snapshot Shares are designed to track the price performance of Bitcoin (CRYPTO:BTC), providing exposure to that digital asset without direct ownership. Operates a passive investment vehicle, generating revenue through management fees and asset-based charges. Targets institutional investors, financial advisors, and retail investors seeking regulated, exchange-listed bitcoin investment products. iShares Bitcoin Trust ETF provides a straightforward vehicle for gaining exposure to Bitcoin price movements via a regulated exchange-traded product. Its scale and liquidity position it as a preferred choice for investors seeking efficient access to the digital asset market without the complexities of direct cryptocurrency custody or trading. Foolish take With a portfolio dominated by relatively safe investments such as Apple and two of the largest S&P 500 index funds, Exchange Traded Concepts doesn't fit the usual profile of long-term Bitcoin investors. According to recent 13F filings, the firm doubled its exposure to the Bitcoin ETF in the first quarter. The second-quarter sales brought Exchange Traded Concepts down to roughly the same ownership level it had at the end of 2024. I don't love the idea of trading in and out of a volatile cryptocurrency position like Bitcoin. Some crypto investors might see a quarter as a long-term commitment, but I measure my long-term holdings in years and decades. The investment firm's smaller Bitcoin position in the summer of 2025 looks like a particularly unfortunate choice, as the largest cryptocurrency (and spot Bitcoin ETFs) more than doubled over the last year, with a 40% boost in the last three months alone. Then again, selling cryptocurrency-based investments in this unpredictable economy may not be a bad idea in the long run. Time will tell whether Exchange Traded Concepts will be better off with a smaller Bitcoin-based holding in the long run. And of course, the firm could very well be buying shares of this ETF right now. The temptation to sell in a trough and buy when a stock or ETF gets hot is not limited to retail investors -- professional money managers often commit the same error. Exchange Traded Concepts' next 13F filing will tell us whether that is the case here. Glossary Post-trade holding: The number of shares or assets held after completing a transaction or trade. 13F reportable AUM: Assets under management that must be disclosed in quarterly SEC Form 13F filings by institutional investment managers. ETF (exchange-traded fund): An investment fund traded on stock exchanges, holding assets like stocks, bonds, or commodities. Alpha: A measure of an investment's performance relative to a benchmark, indicating outperformance or underperformance. One-year return: The percentage gain or loss of an investment over a one-year period. 52-week high: The highest price at which a security has traded during the past year. Moving average: The average price of a security over a specific period, used to identify trends. Regulated exchange-traded product: A financial product traded on an exchange and subject to regulatory oversight, offering exposure to specific assets. Digital assets: Assets that exist in digital form, such as cryptocurrencies like Bitcoin. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,055%* — a market-crushing outperformance compared to 180% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of July 21, 2025
Yahoo
18 hours ago
- Business
- Yahoo
Global ETF Industry Sees Record New Launches in H1 2025
As of the end of June, 1,308 new exchange-traded funds hit the global market in 2025 compared to just 878 during the same period last year, according to data from independent research and consultancy firm ETFGI. The record number exhibits just how appealing the low-cost, convenient wrapper is to investors. There were 266 closures of ETFs during the first half of 2025, resulting in a net increase of 1,042 ETFs. 'The rapid proliferation of new ETFs is a response to evolving investor preferences for cost-effective, transparent and flexible investment vehicles, coupled with ongoing innovation by asset managers to meet diverse investment needs and capitalize on market trends,' Deborah Fuhr, managing partner and founder of ETFGI, told 'The ETF market is highly competitive, and launching new products is a key strategy for providers to gain market share and attract inflows.' Global ETFs by the Numbers; iShares Leads So far in 2025, the United States has led the way in new ETF launches, with 481 new ETFs introduced, compared to 296 during the first half of last year and 205 during the first half of 2023. The Asia Pacific region (excluding Japan) came next with 399 new ETFs so far this year, while Europe had 198. BlackRock Inc.'s (BLK) iShares was responsible for 42 of the 1,308 new ETFs, followed by Global X with 36 launches and First Trust with 27. A total of 326 different providers debuted new ETFs during the first half of the year. The global ETF market also reached a record high in terms of assets invested, with $17 trillion at the end of June, surpassing the previous record of $16.3 trillion set in May. Year-to-date inflows totaled $897.7 billion, ETFGI found—another record high. Why ETF Issuance Is Surging Fuhr said there has been a surge in actively managed ETFs and that providers are launching thematic ETFs, such as those focused on industries like artificial intelligence or clean energy. Innovation in ETF structures, including those that use derivatives or provide exposure to digital assets, such as spot Bitcoin ETFs like the iShares Bitcoin Trust (IBIT), is expanding the range of options available, and funds that focus on specific factors like value, quality, momentum, size or minimum volatility are also gaining traction. She said asset managers are adapting to a noticeable shift in investor preference from mutual funds to ETFs by launching ETF versions of their existing mutual fund strategies, and a supportive regulatory environment in various regions is facilitating the growth and innovation within the ETF market.
Yahoo
20 hours ago
- Business
- Yahoo
5 Most-Loved ETFs of Last Week Amid Rising Market
ETFs across various categories raked in $19.2 billion in capital last week, bringing year-to-date inflows to $613 billion. The space remains on track to set a new annual record in terms of appetite was broad-based. U.S. equity ETFs led the way with $9.8 billion in inflows. International equity ETFs attracted $5.3 billion in capital while currency ETFs saw $5 billion in inflows. SPDR S&P 500 ETF Trust SPY, iShares Bitcoin Trust IBIT, Vanguard S&P 500 ETF VOO, iShares Ethereum Trust ETF ETHA and Simplify Government Money Market ETF SBIL dominated the top creation list last week.U.S. stock markets witnessed an upward trend last week, with the S&P 500 climbing 1% and hitting a new all-time high. The rally was fueled by encouraging economic indicators. June's inflation figures came in line with expectations and retail sales exceeded forecasts. So far, second-quarter corporate earnings have also outperformed projections. However, trade tensions continue to linger. Investors remain cautious ahead of the upcoming August 1 tariff deadline, which could bring new sector-specific levies (read: S&P 500 Remains Rock-Solid: Will the ETF Rally Last?). We have detailed the ETFs S&P 500 ETF Trust (SPY)SPDR S&P 500 ETF Trust is the top asset creator, pulling in $4.2 billion in capital. It tracks the S&P 500 Index and holds 502 stocks in its basket, with each accounting for no more than 7.8% of the assets. SPDR S&P 500 ETF Trust is heavy on the information technology sector with a 33.8% share, whereas financials and consumer discretionary round off the next three spots with a double-digit allocation S&P 500 ETF Trust charges investors 9 bps in annual fees and trades in an average daily volume of 72 million shares. It has an AUM of $647.6 billion and a Zacks ETF Rank #2 (Buy) with a Medium risk Bitcoin Trust (IBIT)iShares Bitcoin Trust raked in $3 billion in capital last week. It seeks to reflect the performance of the price of Bitcoin and has been the most traded Bitcoin ETF since its launch. It enables investors to access Bitcoin within a traditional brokerage account. The fund charges 25 bps in annual fees from investors. IBIT has AUM of $87.5 billion and trades in an average daily volume of 50 million shares (read: IBIT on Fire: Inside BlackRock Bitcoin ETF Rise).Vanguard S&P 500 ETF (VOO)Vanguard S&P 500 ETF has gathered $3 billion in capital. It tracks the S&P 500 Index and holds 505 stocks in its basket, each accounting for no more than 7.3% of the assets. Vanguard S&P 500 ETF is heavy on the information technology sector, while financials and consumer discretionary round off the next two spots with a double-digit allocation each. It charges investors 3 bps in annual fees. Vanguard S&P 500 ETF has an AUM of $701.8 billion and trades in an average daily volume of 6.7 million shares. VOO sports a Zacks ETF Rank #1 (Strong Buy) with a Medium risk Ethereum Trust ETF (ETHA)iShares Ethereum Trust ETF saw inflows of $1.5 billion. It seeks to reflect the performance of the price of Ethereum. ETHA is managed by the world's largest asset manager and leverages a multi-year technology integration developed with Coinbase Prime, the world's largest institutional digital asset custodian. ETHA has AUM of $8.5 billion and trades in an average daily volume of 31 million shares. It charges 25 bps in annual fees (read: Ethereum ETFs Surging Rapidly: What Lies Ahead?).Simplify Government Money Market ETF (SBIL)Simplify Government Money Market ETF pulled in about $1.2 billion in capital last week. It seeks current income consistent with liquidity and stability of principal and operates as a government money market fund pursuant to Rule 2a-7 under the Investment Company Act of 1940. Simplify Government Money Market ETF charges 15 bps in annual fees and has amassed $1.2 billion in its asset base since its debut in July. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P 500 ETF (SPY): ETF Research Reports Vanguard S&P 500 ETF (VOO): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
