BlackRock Assets Top $14 Trillion as Market Rally Lifts Fee Base
BlackRock’s assets under management surpass $14 trillion, boosting its fee base and reinforcing its dominance in ETFs and index investing.
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BlackRock’s assets under management surpass $14 trillion, boosting its fee base and reinforcing its dominance in ETFs and index investing.
BlackRock reported a rise in fourth-quarter profit driven by strong ETF inflows and heightened demand for index funds, underscoring continued investor interest in passive strategies amid market volatility.
Bitcoin ETFs see $240 million in inflows, breaking a six-day outflow streak that exceeded $2 billion.
BlackRock’s assets under management climbed to a record $13.46 trillion in the third quarter, driven by $205 billion in inflows, record ETF demand, and rising technology and private market revenues.