The firm seeks to offer tokenized long-term investments like "Treasury funds, iShares ETFs, and even private markets."

BlackRock hit $15.34T AUM and $191.7B in Q2 inflows, while its iShares Bitcoin Trust reached nearly $47B, signaling deep institutional crypto demand.

BlackRock's digital asset funds attracted $15 billion in net inflows over the past year, but falling crypto prices drove the value of those holdings sharply lower.