BlackRock Plans to Become "Largest Crypto Asset Manager."
$11 trillion asset manager BlackRock says it plans to become the world’s largest crypto asset manager by 2030. The firm already has one of the most successful spot Bitcoin ETFs under its management. Seeing the success of IBIT, BlackRock is looking to carry that crypto focus into becoming the biggest manager of crypto assets. JUST IN: $11.5 trillion BlackRock looks to become the world's largest crypto asset manager by 2030. — Watcher.Guru (@WatcherGuru) June 12, 2025 BlackRock held its investor day event on Thursday, outlining its corporate strategy over the next five years. The company aims to double its operating income and market cap by 2030. A focal part of that plan is the further acquisition and offering of crypto products. The company also plans to expand digital assets ETPs to Europe and Canada, leveraging learnings from the US. BlackRock’s Bitcoin (BTC) IBIT ETF has entered the top 20 most traded ETFs this year already, and if that trend continues, it could enter the...