BlackRock, a $11 trillion asset manager, is set to become the world’s largest crypto asset manager by 2030. The company already has one of the most successful spot Bitcoin ETFs under its management. Seeing IBIT’s success, BlackRock is trying to focus on Crypto Focus to become the biggest manager of Crypto Assets.
BlackRock held an Investor Day event on Thursday, outlining its corporate strategy over the next five years. The company aims to double its operating profit and market capitalization by 2030. The focus of that plan is further acquisitions and provision of crypto products. The company will also leverage learning from the US to expand its digital asset ETP to Europe and Canada.
BlackRock’s Bitcoin (BTC) IBIT ETF has already been registered with the top 20 most traded ETFs this year, and if that trend continues, it could potentially be in the top 10 in the coming months. According to Farside Investors, BlackRock purchased $930 million worth of Bitcoin (BTC) in June. The world’s largest asset manager has settled $260.9 million worth of BTC over the same time frame.
BlackRock’s institutional crypto adoption strategy goes far beyond this investment and makes the most of many important opportunities. Asset Managers have already deployed the Circle Reserve Fund, a SEC registered government money market fund that utilizes approximately 90% of the reserves supporting USDC in various key management sectors. The fund has developed growth to a net worth of over $53 billion. This has accelerated the dynamics of several major markets.
In April, BlackRock also registered as a British cryptocurrency company. The company’s cipher splash in 2025 was successful and appears to have not finished. If BlackRock continues this trend, it could soon become the biggest Crypto asset manager, perhaps beating its strategy as the top institutional investor in Bitcoin.
