As reported byWalter Bloomberg, BlackRock has plans to become the largest crypto asset manager in the world by 2030. The firm is shooting for over $50 billion in digital assets under management, with Bitcoin, Ethereum and tokenized funds as the main focus of its long-term strategy.
This news comes asBlackRock's iShares Bitcoin Trust (IBIT) keeps setting new records. The fund recently passed $72.5 billion in assets, making it the fastest-growing ETF ever. It took just 341 trading days to reach that milestone, which is five times faster than the SPDR Gold Trust's previous record.
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At the same time, the asset manager has increased itsinvestment in Ethereum through the iShares Ethereum Trust (ETHA), which has already seen over $5 billion in cumulative inflows.
On top of that, BlackRock's BUIDL fund — a tokenized U.S. Treasury product — now has almost $2.9 billion and works with Ethereum, Solana, Avalanche and other chains.
BLACKROCK: TARGETING TO BECOME LARGEST CRYPTO ASSET MANAGER ($50BLN+ AUM) GLOBALLY BY 2030
— *Walter Bloomberg (@DeItaone) June 12, 2025
BlackRock CEO speaks out
According to CEO Larry Fink, tokenization and decentralized finance are going to be huge in reshaping capital markets. In a recent statement, Fink said that assets likeBitcoin could exceed $500,000, and potentially even $700,000, in the coming decade.
Rising government debt, ongoing budget deficits and waning confidence in the U.S. dollar as key factors behind the shift, according to Fink.
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Fink also said that Bitcoin might eventually be seen as a real alternative to the dollar, especially if the economy keeps getting worse. To him, decentralized assets offer more than just independence from sovereign risk; they also have operational advantages like faster settlement and increased transparency.
BlackRock already put over $75 billion into digital assets, so their goal of being a leader in crypto asset management is not just talk anymore — it is a reality.
