{"id":133176,"date":"2024-07-15T17:15:27","date_gmt":"2024-07-15T14:15:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133176"},"modified":"2024-07-15T17:16:05","modified_gmt":"2024-07-15T14:16:05","slug":"blackrocks-aum-hits-new-high-boosted-by-etf-growth","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/blackrocks-aum-hits-new-high-boosted-by-etf-growth\/","title":{"rendered":"BlackRock’s AUM Hits New High, Boosted by ETF Growth"},"content":{"rendered":"

This growth of around $1.3 trillion in one year is largely driven by the soaring inflows into its ETFs.<\/p>\n

The iShares Bitcoin Trust (IBIT), BlackRock\u2019s largest spot Bitcoin ETF, holds more than $19.4 billion in Bitcoin<\/a><\/strong>, securing a 35.2% market share among US Bitcoin ETFs. The firm’s significant market influence means its trading activities can considerably impact Bitcoin’s price.<\/p>\n

In the second quarter of 2024, investors poured $83 billion into BlackRock’s ETFs, bringing the year-to-date total to over $150 billion. This influx resulted in an 8% revenue increase and an 11% rise in operating income year-over-year.<\/p>\n