PANews reported on July 16 that BlackRock's asset management scale hit a record high just six months after launching the Bitcoin spot ETF. According to BlackRock's second-quarter earnings report released on Monday, as of June 30, BlackRock's assets under management reached US$10.65 trillion, a year-on-year increase of 13%. BlackRock CEO Larry Fink said in a statement that organic growth was driven by a surge in private markets, retail fixed income and funds flowing into ETFs. BlackRock's total net inflows in the second quarter reached US$82 billion, and net inflows reached US$139 billion in the first half of this year. Since the launch of IBIT at the beginning of this year, BlackRock has become the world's largest Bitcoin spot ETF. IBIT currently holds 316,276 bitcoins, worth approximately US$18.3 billion.