Vanguard Surpasses BlackRock with $4.39T Assets, BlackRock Buys $38.9M Crypto
BLK•Vanguard has surpassed BlackRock as the largest US ETF issuer, managing $4.39 trillion across 116 ETFs versus BlackRock’s $4.36 trillion, ending BlackRock’s 20-year leadership of the $15.2 trillion US ETF market. On June 11, BlackRock acquired $38.89 million in Bitcoin and Ethereum, boosting its digital-asset exposure.
1. Vanguard Overtakes BlackRock as Top ETF Issuer
Vanguard now manages $4.39 trillion across 116 US-listed ETFs, surpassing BlackRock’s $4.36 trillion and ending BlackRock’s 20-year run at the industry’s top spot in the $15.2 trillion US ETF market.
2. ETF Inflow Dynamics Favor Vanguard
Vanguard ETF inflows reached $291 billion so far in 2026, outpacing BlackRock’s roughly $120 billion, driven in part by the Vanguard S&P 500 ETF’s $113 billion year-to-date inflow and its recent rise above $1 trillion in assets.
3. BlackRock’s $38.9 Million Crypto Acquisition
On June 11, BlackRock purchased $38.89 million of Bitcoin and Ethereum, marking a strategic expansion into digital assets and diversifying its investment offerings to attract crypto-focused investors.
