BlackRock Assets Under Management Climbs $10T In Q2

The post BlackRock Assets Under Management Climbs $10T In Q2 appeared first on Coinpedia Fintech News

The world’s largest asset manager, BlackRock’s assets under management (AUM), climbed through $10 trillion in the second quarter. Its AUM rose almost 13% from the year-earlier period to $10.6 trillion, while earnings per share (EPS) rose to $9.99 from $9.06, the company said in a statement. Its revenue increased by 7.7% to $4.8 billion. Notably, BlackRock is the largest public holder of Bitcoin under its iShares Bitcoin Trust (IBIT) ETF, which now holds more than 300,000 BTC.