BlackRock's Bitcoin ETF Outperforms Vanguard's S&P 500 Fund Since Launch
According to data from Bloomberg and BlackRock senior ETF analyst Eric Balchunas, the iShares Bitcoin Trust (IBIT) has achieved a 71% cumulative return since its January 2024 launch, surpassing the 66% total return of the Vanguard S&P 500 ETF (VOO) over the same period. While IBIT experienced significant volatility compared to the steady growth of VOO, it has become the largest Bitcoin ETF with $61.4 billion in assets under management. Following the SEC's approval of spot Bitcoin ETFs in 2024, BlackRock's product has provided traditional investors with sign
Not investment advice.