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BlackRock AUM surpasses $15.3 trillion, institutionalization of crypto assets goes further
Recently, the asset size of the Bitcoin ETF funds under BlackRock reached $15.3 trillion, and it has submitted a fund registration application to the U.S. Securities and Exchange Commission. This development indicates that the world’s largest asset manager is continuing to increase its allocation to crypto assets.
Previously, BlackRock had already filed two fund registration documents, covering the comprehensive crypto market and the Bitcoin ecosystem investment direction, respectively. As traditional financial institutions continue to enter, Bitcoin ETFs are becoming a key channel for institutional funds to flow into the crypto market.
Market analysis believes that BlackRock’s continued push may further enhance the compliance of crypto assets and institutional acceptance, and there is still substantial room for imagination on the funding side in the future.
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