BlackRock targets to become world’s largest crypto asset manager by 2030

Key Takeaways
BlackRock plans to become the world’s largest crypto asset manager by 2030.
BlackRock’s digital asset choices embody Bitcoin and Ethereum ETFs main of their classes.
Share this text
BlackRock is aiming to become the world’s dominant crypto asset manager by 2030, concentrating on at the very least $50 billion in belongings beneath administration (AUM) via its digital asset choices, in accordance to a Thursday presentation on its web site.

For its flagship crypto ETFs, the iShares Bitcoin Trust (IBIT) and that iShares Ethereum Trust (ETHA), BlackRock’s objective is to lead their respective classes by AUM.
IBIT has already secured the highest spot amongst spot Bitcoin ETFs, managing over $73 billion in belongings as of June 11. ETHA additionally leads the spot Ethereum ETF group, with a $4.3 billion market cap, forward of Grayscale’s ETHE.
On international enlargement, the asset administration big targets to broaden its digital asset exchange-traded merchandise (ETPs) past the US into Europe and Canada.
Following its profitable launch of IBIT within the US final yr, BlackRock rolled out its first Bitcoin ETP in Europe in March 2025. The fund trades beneath the ticker IB1T on main European exchanges, together with Xetra, Euronext Paris, and Euronext Amsterdam.
The fund is BlackRock’s first crypto-linked ETP exterior North America. In addition to this, BlackRock presents the iShares Bitcoin ETF on Cboe Canada.
In the tokenization house, BlackRock’s BUIDL fund stays central to the agency’s long-term digital asset technique
According to rwa.xyz, BUIDL leads the tokenized US Treasury market with roughly $3 billion in belongings as of June 11.
Share this text