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Guavy AI Editorial TeamSentiment: 3Clout: 82

BlackRock Predicts Significant Crypto Revenue Growth

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BlackRock's venture into the digital assets market continues to expand, with a significant presence in various areas such as Bitcoin exchange-traded funds (ETFs), tokenized products, and stablecoin reserves.

The firm handles approximately $55 billion worth of BTC for its clients through its iShares Bitcoin Trust ETF. Additionally, its tokenized offering, the USD Institutional Digital Liquidity Fund, reached an asset under management value of over $2 billion last year, making it the world's largest tokenized fund.