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✅💰 BlackRock benefits from Bitcoin boom & ETF expansion 🚀

$BLK (+0.92%)


BlackRock (BLK) increases turnover in the 1st quarter by 12 % to USD 5.3 billionearnings per share increase by 15 % to USD 11.30 .


📈 Growth driver:


  • Strong ETF demand (iShares)
  • Private markets 💼
  • Systematic strategies 📊
  • Technology investments 🖥️



Net inflows in Q1 at an impressive 84 billion USD.


💎 Bitcoin ETF IBIT at record pace


✅ The iShares Bitcoin Trust ETF (IBIT) is one of the first physical Bitcoin ETFs in the USA (since January 2024).

⚡ After only 211 days: Market capitalization at 40 billion USD - faster than any comparable ETF before.

✅ Current market capitalization: around 72.5 billion USD.

📈 Bitcoin rose sharply on June 25 - additional price driver for BlackRock.


📊 Chart breakout for BlackRock


✅ Share breaks through resistance at 1,003 USD.

🚀 Follow-up buying likely, technical target: 1,050-1,100 USD.

⚠️ Next support zone remains at approx. 970 USD.

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1 Comment

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That sounds really good! Luckily I got in at the right time, $BLK is now my biggest single position! It would be nice if the share broke through the €1000 mark again 😉
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