đŸ’„đŸ’„đŸ’„BlackRock, established in 1988 in New York by Larry Fink and others, is a public investment company with over $9tn in AUM:

⚫BlackRock offers a wide range of investment products, including mutual funds and iShares ETFs, with recent approval of the iShares Bitcoin Trust (IBIT) spot Bitcoin ETF by the SEC

⚫Despite facing scrutiny over its investments in fossil fuels and investigations over investments in Chinese companies, BlackRock continues to maintain a significant market presence

⚫The company's timeline includes milestones such as becoming the world's largest asset manager in 2009 after acquiring Barclay’s Global Investors and launching iShares in 2012

⚫Notable achievements include quadrupling assets to $2.7bn in 1989, reaching $9.42tn in AUM by 2023, and the recent approval of the spot Bitcoin ETF by the SEC in 2024

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