According to CoinDesk, BlackRock, the world's largest asset manager, reported that its assets under management (AUM) exceeded $10 trillion in the second quarter. The AUM increased by nearly 13% from the same period last year, reaching $10.6 trillion. Additionally, earnings per share (EPS) rose to $9.99 from $9.06, and revenue saw a 7.7% increase to $4.8 billion.
BlackRock is also noted as the largest public holder of Bitcoin through its iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF), which currently holds over 300,000 BTC. Following the announcement, BlackRock's shares rose by 1.2% to $838 in pre-market trading.