BlackRock's Assets Under Management Surpass $10 Trillion in Q2
BlackRock, the world's largest asset manager, announced that its assets under management (AUM) surpassed $10 trillion in the second quarter, representing a 13% increase from the previous year. The company's earnings per share (EPS) also rose to $9.99 from $9.06, while revenue increased by 7.7% to $4.8 billion. BlackRock is currently the largest public holder of bitcoin through its iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF), which now holds over 300,000 BTC. The company's shares rose 1.2% to $838 in pre-market trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
Trending news
MoreCrypto prices
More
