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Gate Square New & Returning Creator Rewards are ongoing!
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Affected by Bitcoin ETF, Q2 BlackRock's AUM reaches a historical high
BlackRock's assets under management reached a record high of $10.65 trillion as of June 30, up 13% YoY, after the launch of its SpotBTC ETF six months ago, according to BlackRock's Q2 earnings report released on Monday.
BlackRock CEO Larry Fink said in a statement that organic rise is driven by a surge in funds from private markets, retail fixed income, and inflows into ETFs. BlackRock's total net inflows reached $82 billion in the second quarter, and $139 billion in the first half of this year.
Since the launch of IBIT earlier this year, BlackRock has become the world's largest SpotBTC ETF. IBIT currently holds 316,276 BTC, worth approximately $18.3 billion.