##  [# BlackRock Crosses $10T In Assets](/sections/news/blackrock-crosses-10t-assets) 

 

# BlackRock Crosses $10T In Assets

 

 

The asset manager giant posted a record $306 billion of inflows in 2021.



 

 

 

 

 [![DanMika200x200.jpg](/sites/default/files/styles/author_image_icon/public/2023-02/DanMika200x200.jpg?itok=W3yFiWn- "DanMika200x200.jpg")](/contributors/dan-mika) 

[By Dan Mika](/contributors/dan-mika)

 Jan 14, 2022

 Edited by: Dan Mika

 

 

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BlackRock became the first publicly traded asset manager to cross the $10 trillion mark in assets under management in the final quarter of 2021, driven primarily by taking in almost a third of all inflows into U.S. ETFs last year.

The asset manager reported having $10.01 trillion in assets overall at the end of 2021, a gain of just under $546.5 million from the end of the third quarter of 2021 and a year-over-year gain of $1.3 billion.

The firm’s ETF arm generated $104 billion in flows during the quarter and $306 billion over the year, amounting to 34% of the [$900.02 billion](https://www.etf.com/sections/monthly-etf-flows/etf-monthly-fund-flows-december-2021) in assets that flowed into the industry last year, according to FactSet data.

The [**iShares Core S&amp;P 500 ETF (IVV)**](https://etf.com/IVV) led all of BlackRock’s ETFs by inflows during the year, gaining nearly $28 billion in net flows. However, the firm reported $267 billion worth of flows into active strategies both within the ETF business and other investment wrappers.

“Let’s be clear, many of our flows in ETFs were from active strategies,” said BlackRock CEO Larry Fink, who expressed confidence in flows growth continuing through 2022.

Revenues from BlackRock’s ETF arm rose $1.3 billion between the end of 2020 through 2021, ending at a combined $5.9 billion between equity and fixed income fees.

*Contact Dan Mika at* [***dan.mika@etf.com***](mailto:dmika@etf.com)*, and follow him on* [***Twitter***](https://twitter.com/DanMikaTweets)



 

 

 [ Dan Mika ](/contributors/dan-mika) 

 

 

  Dan Mika is a reporter for etf.com. He has previously covered business for the Ames Tribune and Cedar Rapids Gazette in Iowa, and BizWest Media in…   [View Bio](/contributors/dan-mika)

 



 

 


 Related Topics  [Equity](http://www.etf.com/topics/equity) 

 [Fixed Income](http://www.etf.com/topics/fixed-income) 

 [Blackrock](http://www.etf.com/topics/blackrock) 

 [Broad-based](http://www.etf.com/topics/broad-based)