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BlackRock\'s IBIT outpaces Vanguard\'s S&P 500 ETF in cumulative return

BlackRock\'s spot bitcoin exchange-traded fund iShares Bitcoin Trust (IBIT) has surpassed Vanguard\'s flagship S&P 500 ETF in cumulative returns since its launch in January 2024. Bloomberg senior ETF analyst Eric Balchunas said IBIT slightly outperformed over the comparison period. Bloomberg data show IBIT is up 71% since inception, while Vanguard\'s S&P 500 ETF gained 66% in total return. IBIT\'s assets stand at $61.4 billion, versus about $11.0 billion for Fidelity\'s fund.