BlackRock CEO Larry Fink announced in his 2026 letter to shareholders that the company anticipates its cryptocurrency business could generate approximately $500 million in annual revenue over the next five years. Currently, BlackRock manages around 800,000 BTC, valued at approximately $55 billion, through its iShares Bitcoin Trust spot ETF. This ETF generates about $250 million in annual management fees.
BlackRock Projects $500 Million Annual Revenue from Crypto Business
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