BlackRock's IBIT asset management scale has reached 52 billion US dollars, ranking 13th among its 1101 funds
According to HODL15Capital's monitoring, BlackRock is the world's largest asset management company, with assets under management exceeding $11.5 trillion.
BlackRock has 1,101 funds. Its Bitcoin ETF IBIT ranks 13th among all its funds by the end of 2024, with assets under management reaching $52 billion (achieving this level in less than a year).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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