BlackRock Surpasses $11.5 Trillion in Assets Under Management
A development that continues the firm’s record-setting ways, BlackRock ($BLK) recently surpassed $11.5 trillion in assets under management. The figure is now a new record, with the asset manager setting a new high for the third straight quarter. Thus far, 2024 has continued to establish them as the most prominent asset managers on the planet. The firm received a notable boost from increased inflows into its exchange-traded funds (ETF). In January, they were one of eleven inaugural issuances of the first crypto-based ETF in the United States. Just a few months later, they featured both a Bitcoin and Ethereum investment option that has only magnified their economic presence. JUST IN: BlackRock $BLK surpasses $11.5 trillion in assets under management. — Watcher.Guru (@WatcherGuru) October 11, 2024 Also Read: Ethena Labs to Launch New Stablecoin Backed by BlackRock BlackRock Assets Under Management Hits Yet Another Record in 2024 There have been few asset managers with the kind ...