✅ 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.