BlackRock Generates Industry-Leading ETF Inflows Of $390 Billion In 2024: Here Are Five iShares ETFs That Investors Should Look Out For

Zinger Key Points

Digital assets exchange traded products saw a record inflow of $41 billion.
About 25% of the $390 billion inflows originated from products launched within the last five years.
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BlackRock Inc BLK experienced a year of exceptional growth in 2024, with $390 billion in net inflows into its exchange-traded funds, according to its fourth-quarter earnings call. Listed are a few iShares ETFs that could be of investors’ interest.

What Happened: BlackRock ETFs’ industry-leading performance resulted in 11% organic asset growth and a 7% increase in organic base fee revenue, said CFO Martin Small.

Its newly launched digital assets exchange-traded products saw a record inflow of $41 billion. The fourth quarter also saw strong inflows of $143 billion, driven by seasonal rebalancing which demonstrated significant year-end momentum, added Small.

The chairman and CEO, Larry Fink said that roughly 25% of the $390 billion inflows originated from products launched within the last five years. Active ETFs garnered $22 billion in net inflows during 2024, while Bitcoin ETP achieved record-breaking growth, surpassing $50 billion in assets under management within its first year.

“It was the third-highest asset gathering ETF in the entire ETF industry, behind only to the S&P 500 index funds,” Fink said.

ETFs	Six Month Performance	One Year Performance
iShares Bitcoin Trust IBIT	52.38%	129.13%
iShares Core S&P 500 ETF IVV	4.87%	24.79%
iShares Russell 2000 ETF IWM	-0.25%	17.40%
iShares Core S&P Total U.S. Stock Market ETF ITOT	5.20%	24.66%
iSharesTop 20 U.S. Stocks TOPT	5.48%	0.50%

Why It Matters: BlackRock delivered strong Q4 results, exceeding expectations. Revenue surged 23% year-over-year to $5.68 billion, surpassing the consensus estimate. Earnings per share also climbed 23% to $11.93, beating analyst forecasts.

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Business’ total net inflows for the quarter reached $281 billion, contributing to a record $641 billion in inflows for the full year. Assets under management expanded to $11.6 trillion, up from $10.0 trillion in 2023. Adjusted operating income surged 36% year-over-year to $2.33 billion, driven by a margin expansion to 45.5% from 41.6% in the prior year.

“From first-time individual investors to the most sophisticated institutions, ETFs are connecting investors to the growth of the capital markets around the world,” added Fink.

Price Action: BlackRock was down 0.12% in premarket on Thursday but the stock has risen by 0.05% over the last six months and 28.03% over a year.

BLK has a consensus price target of $948.09, according to the 22 analysts tracked by Benzinga. The high target is $1275, and the low is $540. Recent ratings by JP Morgan, Deutsche Bank, and JPMorgan suggest a $1099.67 target, implying an 8.34% upside.