Reported 1 day ago
BlackRock, the world's largest asset manager with $10 trillion in assets, has reported significant growth in its exchange-traded funds (ETFs), highlighting its digital assets ETPs and active ETFs. CEO Larry Fink announced that these categories surged to over $100 billion and $80 billion respectively in 2023. Notable products include the iShares Bitcoin ETF (IBIT), which has become the largest crypto ETF despite recent market fluctuations, and the iShares Ethereum ETF (ETHA), further demonstrating BlackRock's success in adapting to market demands.
Source: YAHOO