Blackrock Inc, which is the world's leading asset manager, posted it's assets under management (AUM) to have risen to a record high of $10.65 Trillion by the close of the second quarter of 2024.
The rise is attributed to rising client portfolios and large inflows into its Exchange Traded Funds - ETFs.
CEO and Chairman of Blackrock, Larry Fink said this in a conference call that he foresees tremendous unbelievable growth opportunities for their clients and shareholders for 2024 and beyond.
Will this have an effect on major cryptocurrencies like Bitcoin? Absolutely. The cryptocurrency markets may be headed for a bull run beginning this third quarter of 2024 with much rise expected in 2025.
Which cryptocurrencies do you think are worth investing your money in?
$BTC ?
$BNB ?
$SOL ?
The choice is all yours!
PLEASE DON'T FORGET TO FOLLOW THIS PAGE AND LEAVE A COMMENT BELOW.
