BlackRock's AUM reaches $15.3 trillion, applies for registration of tokenized money market fund
BlackRock has submitted two tokenized money market fund registration statements to the U.S. Securities and Exchange Commission (SEC). One proposal plans to create a tokenized share class for an existing fund on Ethereum, while the other outlines a digital-native strategy.
BlackRock's Ishares ETF platform has AUM exceeding $6 trillion, with $178 billion in net inflows during the second quarter. Its digital asset-related AUM is about $110 billion, and the Ishares Bitcoin Trust, Ethereum Trust, and BUIDL remain the largest products in their respective categories.
BlackRock also manages the $60 billion reserves of stablecoin issuer Circle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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