Hello,Hive User, I hope you are all well. Today I got some exciting (or a bit shocking) news that I would like to share with you. As you all know, I always try to keep you upbeat and excited.

BlackRock’s leap into crypto ETFs has turned into a serious money-maker. The world’s largest asset manager is now pulling in more than $260 million in annualized revenue from its Bitcoin and Ether products, showing that digital assets are no longer just an experiment—they’re a profitable business model.

Breaking Down the Numbers

According to data shared by Leon Waidmann, head of research at the Onchain Foundation, BlackRock’s:

Bitcoin ETFs are generating about $218 million in revenue.

Ether ETFs are bringing in another $42 million.

Together, that’s a quarter of a billion dollars in yearly income from products that only launched less than two years ago.

Waidmann put it bluntly:

“This isn’t experimentation anymore. The world’s largest asset manager has proven that crypto is a serious profit center.”

He even compared the ETFs to Amazon’s early days—starting with books before expanding into everything else. For BlackRock, these ETFs could be the entry point into the broader crypto world.

A Benchmark for Traditional Finance

The success of BlackRock’s funds may serve as a template for other giants in traditional finance (TradFi). Pension funds, institutions, and other asset managers now have a proven model showing that regulated crypto products can bring in serious revenue.

Some analysts believe this could extend the current crypto cycle. Instead of relying only on Bitcoin’s halving events, inflows from ETFs and corporate treasuries might fuel demand for much longer.

Could Retirement Accounts Be Next?

One potential game-changer is the inclusion of crypto in U.S. 401(k) retirement plans. According to Bitwise’s head of European research, André Dragosch, that kind of access could push Bitcoin toward $200,000 before the year ends.

Market Share Dominance

BlackRock’s crypto ETFs are also dominating the competition:

Assets under management (AUM) are nearing $85 billion, representing 57.5% of the total U.S. spot Bitcoin ETF market.

Fidelity sits far behind in second place, with about $22.8 billion (15.4% market share).

In less than two years, BlackRock’s spot Bitcoin ETF has climbed into the top 25 largest funds globally across both crypto and traditional markets. It ranked 31st back in January, but has already moved up to 22nd, according to data from VettaFi.

What’s Next for Bitcoin?

With institutional inflows continuing to pile in, analysts like Ryan Lee from Bitget believe Bitcoin could soon push to new all-time highs. He sees the current environment as a “buy the dip” opportunity, with ETFs providing a strong floor of demand even amid policy uncertainty.

Bottom line

BlackRock has shown Wall Street that crypto ETFs aren’t just trendy experiments—they’re reliable revenue engines. And with retirement plans and institutions eyeing Bitcoin next, this could be just the beginning of a much bigger adoption wave.