A pedestrian wearing a protective mask walks past BlackRock Inc. headquarters in New York on July 9, 2020./Credit:	Jeenah Moon/Bloomberg/Getty Images

A pedestrian wearing a protective mask walks past BlackRock Inc. headquarters in New York on July 9, 2020./Credit: Jeenah Moon/Bloomberg/Getty Images

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BlackRock is soaring as investors plow money into ETFs

BlackRock, the owner of the wildly popular iShares family of exchange-traded funds and the world's largest asset manager, has gotten even bigger during the Covid-19 pandemic. BlackRock said Tuesday that it now has $7.8 trillion in assets under management, a 12% increase from last year.