BlackRock’s making more money from its Bitcoin ETF than its S&P 500 ETF

$187.2M > $187.1M

With Bitcoin trading around $109,500, BlackRock’s iShares Bitcoin Trust has been having a field day. IBIT, the fastest ETF to reach $70 billion in assets, logged 15 consecutive days of inflows before ending its streak on Tuesday.

The explosive popularity of the fund — it’s posted net inflows in 17 of the past 18 months — has been very lucrative for BlackRock. IBIT, with a 0.25% expense ratio, brings in annual revenue of $187.2 million, Bloomberg calculated. That’s more than BlackRock’s S&P 500 fund, IVV, with $187.1 million in fees, despite the latter containing about 9x as many assets. (It also charges far less, with an expense ratio of just 0.03%.)

According to Arkham Intelligence, BlackRock currently holds more than 696,000 bitcoin.

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Sage D. Young5h

XRP spot ETFs on pace to record first-ever weekly outflow

Spot XRP ETFs are on track to notch a weekly outflow for the first time since their inception in November 2025. The week’s flows turned negative on Tuesday when the investment vehicles saw over $53 million leave the funds.

Prior to this week, spot XRP ETFs had averaged $127.5 million in weekly inflows, a figure lifted by the fund’s first day of trading, which had $243 million worth of inflows, according to SoSoValue.

The funds’ ongoing pace comes as XRP has shed nearly 20% from its 2026 high of $2.39 to trade at a lower price than when the ETFs launched.

XRP is in “Extreme Fear” territory, per social data from blockchain analytics firm Santiment. “Small retail traders have become pessimistic toward the #5 market cap cryptocurrency after a -19% drop since the high back on January 5th,” Santiment wrote. The firm told Sherwood News, “If we reach levels of bearishness that we were seeing back on November 20-21, 2025, it would be an indication that a major bounce is likely.”

Yaël Bizouati-Kennedy

GameStop moved half its bitcoin, triggering rumors it will dump the asset

“Institutions generally keep their long-term holdings in cold storage... You typically only move funds to Prime if you’re planning to trade or execute a sale.”

Sage D. Young

Not Ethereal

1/21/26

BlackRock singles out ethereum as “beneficiary of growth”

In the next era of tokenization, ethereum is poised to dominate the market. It currently commands over 65% of tokenized assets across blockchain networks.

Sage D. Young1/20/26

Ethereum gives up its 2026 gains

As the overall market goes risk-off amid geopolitical tensions, ethereum has decreased 7% in the last 24 hours and is basically flat for 2026.

The cryptocurrency is hovering just below $3,000, a more than 10% pullback from this year’s high of around $3,350. The recent drawdown is the sharpest in the last 24 hours among its peers. Over the same period, bitcoin is down 3.6%, XRP dipped 5.2%, solana slumped 5.6%, and dogecoin tumbled 4%.

Meanwhile, leading ethereum treasury firm BitMine Immersion Technologies, which recently announced a $200 million investment into Beast Industries, acquired an additional 35,268 ethereum tokens worth $108 million last week, bringing its total to 4.2 million tokens worth nearly $12.7 billion at current prices.

The firm also allocated 581,920 tokens for staking, ethereum’s security mechanism. Participation has been on the rise, and the entry queue to start staking is multiple times longer than the exit line.

Yaël Bizouati-Kennedy

365 days later

1/20/26

Bitcoin, one year after Trump’s second inauguration

“If 2025 has taught us anything, it’s that apparently political favor is rarely a guarantee of future returns.”

People walk past an advertisement feature Donald Trump with...

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