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PiHu
@PiHu
8Mes
Huhu, How much fees do you pay for the etf
$IBIT
?
Will surely have a positive impact on Blackrock?
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_fiodar
@_fiodar
8Mes
@PiHu
hello! the fees are 0.25 % :) =>
https://www.blackrock.com/ae/intermediaries/products/333011/ishares-bitcoin-trust
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DerMartin
@DerMartin
8Mes
@PiHu
It will have an influence. But with more than 400 ETFs on offer, probably less than it feels at the moment.
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Max
@Max_Blockstories
8Mes
@DerMartin
The impact should be quite large, considering that IBIT is responsible for 42% of all net inflows at BlackRock (across all 417 US ETFs)
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Stockmarketbird
@Stockmarketbird
8Mes
@Max_Blockstories
However, the $9.4 billion currently held in
$IBIT
is a negligible 0.09% of BlackRock's total assets under management.
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Max
@Max_Blockstories
8Mes
@Stockmarketbird
Totally. But it's only been seven weeks since the issue :D
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DerMartin
@DerMartin
8Mes
@Max_Blockstories
Net inflows yes. But the basis for the fees are the holdings. And this ETF is actually just one of many.
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