BlackRock hits record with over $10.6 trillion AUM, up $1.2 trillion year over year! 🚀

- CEO Larry Fink said that BlackRock's ETF fund received a record amount of investment in early 2024.

- BlackRock's iShares Bitcoin Trust (IBIT) holds $19.4 billion in BTC, accounting for 35.2% of the Bitcoin ETF market in the US.

- The buying and selling behavior of large funds like BlackRock can strongly affect the price of BTC.

ETF inflows increased sharply

- In the second quarter of 2024, investors bought $83 billion of BlackRock's ETFs, bringing this year's total to more than $150 billion.

- Revenue increased 8% and operating income increased 11% compared to the previous year.

Bitcoin ETF inflows are positive again

- After 3 weeks of outflows, Bitcoin ETF inflows are positive, helping BTC price exceed $60,000.

- BlackRock led inflows with $120 million last Friday.

What do you think about the future of BTC? Comment! 💬#Crypto#Bitcoin#BlackRock#ETF