Reported 2 days ago
BlackRock Inc. reported an impressive $11.55 trillion in assets under management for 2024, buoyed by significant ETF inflows totaling $390 billion, including $226 billion in equities. The company saw a 21% increase in annual net income to $1.67 billion, with strong growth prospects in private assets and alternative markets. BlackRock's iShares Bitcoin Trust (IBIT) also stood out, leading the market with nearly $46 billion. Despite executive changes, including the departure of Mark Wiedman, analysts remain optimistic about BlackRock's growth and innovation in the investment landscape.
Source: YAHOO