BlackRock's Bitcoin ETF Outshines Invesco QQQ with 92% Annual Return
February 21, 2025
A recent analysis compares the investment returns of BlackRock's iShares Bitcoin Trust ETF (IBIT) and the Invesco QQQ Trust ETF over the past year.
The performance data indicates that investing in Bitcoin through IBIT significantly outperformed traditional tech investments represented by QQQ.
IBIT had a remarkable launch, amassing $50 billion in assets under management within its first year, and it currently boasts over $56 billion.
In contrast, the Invesco QQQ Trust, which tracks the tech-heavy Nasdaq-100 index, was launched in 1999 and has over $341 billion in assets under management as of February 2025.
An investment of $1,000 in QQQ a year ago would have grown to approximately $1,261.96, reflecting a gain of 26.19%.
Conversely, a $1,000 investment in IBIT would have surged to a value of $1,927.09, showcasing a remarkable 92% increase over the same period.
As of February 20, 2024, IBIT shares were trading at $56.04, having started the year at $29.08.
On February 20, 2025, IBIT shares closed at $56.04, down 2.54%, while QQQ shares closed at $537.23, down 0.42%.
Summary based on 2 sources