US Treasury Adds Two BlackRock ETFs to Trump Accounts, Driving iShares Core S&P 500 ETF Flows
IVV•U.S. Treasury will offer two BlackRock ETFs as investment options in Trump personal trust accounts, driving BlackRock shares up 1.96% after hours and IVV slightly higher. Inclusion of these large-cap index ETFs could prompt increased institutional demand and higher fund flows for the iShares Core S&P 500 ETF.
1. US Treasury Expands Investment Options
The U.S. Treasury announced it will add two BlackRock ETFs as selectable investments in Trump personal trust accounts for the first time. This change broadens the suite of approved large-cap equity funds available to the former president’s financial custodians.
2. After-Hours Price Moves
Following the announcement, BlackRock shares surged 1.96% in after-hours trading while the iShares Core S&P 500 ETF (IVV) edged up 0.03%. These shifts reflect investor optimism about elevated institutional allocations.
3. ETF Demand and Fund Flows
Analysts expect that formal inclusion on Treasury-approved lists can spur fresh inflows, as plan administrators often favor government-sanctioned vehicles. The iShares S&P 500 ETF could see accelerated asset growth if other institutional investors follow suit.
4. Outlook for Large-Cap Index ETFs
With equity ETF competition intensifying, BlackRock’s enhanced positioning may reinforce its leadership in large-cap indexing. Continued regulatory endorsements could further cement IVV’s appeal among conservative portfolio managers.
