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blackrock revenue - BlackRock Projects $500 Million Annual Revenue from Crypto Business
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2026-06-14 05:16:29 |
596 min read
?? MATCH TIMELINE
12:34 PM
Kick-off: Home team starts strong.
15:22 PM
First goal scored by John Doe (23').
18:45 PM
VAR review: penalty awarded.
21:10 PM
Second half begins with intense pressure.
45+2'
Final whistle: 2-1 victory.
BlackRock CEO Larry Fink announced in his 2026 letter to shareholders that the company anticipates its cryptocurrency business could generate approximately $500 million in annual revenue over the next five years. Currently, BlackRock manages around 800,000 BTC, valued at approximately $55 billion, through its iShares Bitcoin Trust spot ETF. This ETF generates about $250 million in annual management fees.BTC+1.16%IBITONSource:Show OriginalDisclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
