BlackRock's New ETF BILT Bets On $68 Trillion Boom, But Most Investors Are Missing It

Core Insights - BlackRock has launched its first actively managed infrastructure ETF, the iShares Infrastructure Active ETF (BILT), reflecting the growing interest in infrastructure as a long-term investment vehicle [1][2] Group 1: ETF Details - BILT includes 50 to 60 global infrastructure companies, covering sectors such as transport terminals, energy storage, utilities, and construction [3] - The ETF employs an active management strategy rather than passively tracking broad indexes, with an expense ratio of 0.60% [3] - BILT tracks the FTSE Developed Core Infrastructure 50/50 Net TR Index [3] Group 2: Market Context - Global infrastructure spending is projected to reach $68 trillion by 2040, driven by trends like digitalization, energy independence, and supply chain reorganization [4] - BlackRock's infrastructure business, Global Infrastructure Partners, manages approximately $183 billion across over 300 investments in more than 100 countries [4] Group 3: Investment Appeal - Infrastructure investments have historically been under-allocated in global indexes, which enhances the attractiveness of BILT [5] - The ETF provides access to an asset class that has shown lower volatility compared to global equities while still offering growth potential [5]