BlackRock Hits Record $10.6 Trillion AUM, Boosted by Bitcoin ETF

1 min read
Source: Decrypt
BlackRock Hits Record $10.6 Trillion AUM, Boosted by Bitcoin ETF
Photo: Decrypt
TL;DR

BlackRock's assets under management reached a record $10.65 trillion, driven by the successful launch of its iShares Bitcoin Trust (IBIT) and strong inflows into ETFs and fixed-income investments. This growth marks a significant rebound for the firm amid changing interest rate expectations.

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