BlackRock’s crypto ETFs generate $260 million annual revenue

BlackRock crypto ETFs earn $260M, with $218M from Bitcoin and $42M from Ether products. Bitcoin ETF nears $85B AUM, holding 57.5% of US spot Bitcoin ETF market share. ETF inflows may fuel Bitcoin rallies; inclusion in 401(k)s could push BTC toward $200K. BlackRock’s cryptocurrency-focused exchange-traded funds (ETFs) have emerged as a highly profitable venture…