iShares U.S. ETF Trust, BlackRock ETF Trust and BlackRock ETF Trust II

BlackRock ETF Trust
BlackRock Advantage Large Cap Income ETF
BlackRock Enhanced Short-Term Bond ETF
BlackRock Future Financial and Technology ETF
BlackRock Future Health ETF
BlackRock Future U.S. Themes ETF
BlackRock Large Cap Core ETF
BlackRock Large Cap Growth ETF
BlackRock Large Cap Value ETF
BlackRock Long-Term U.S. Equity ETF
BlackRock U.S. Equity Factor Rotation ETF
BlackRock U.S. Industry Rotation ETF
BlackRock ETF Trust II
BlackRock Flexible Income ETF
BlackRock AAA CLO ETF
BlackRock High Yield Muni Income Bond ETF
BlackRock Total Return ETF
BlackRock Floating Rate Loan ETF
BlackRock Short-Term California Muni Bond ETF
BlackRock Intermediate Muni Income Bond ETF
BlackRock High Yield ETF
iShares U.S. ETF Trust
BlackRock Short Duration Bond ETF
BlackRock Short Maturity Municipal Bond ETF
BlackRock Ultra Short-Term Bond ETF
(each, a “Fund” and collectively, the “Funds”)
Supplement dated August 6, 2024 to the Summary Prospectus, Prospectus and Statement of Additional Information (“SAI”) of each Fund
Effective October 10, 2024, each Fund’s name will be changed as set out in the following table and all references to each Fund’s prior name in the Fund’s Summary Prospectus, Prospectus and SAI will be replaced with references to the Fund’s new name.
 
Ticker   Current Fund Name   New Fund Name
BALI   BlackRock Advantage Large Cap Income ETF   iShares Advantage Large Cap Income ETF
CSHP   BlackRock Enhanced Short-Term Bond ETF   iShares Enhanced Short-Term Bond Active ETF
BPAY   BlackRock Future Financial and Technology ETF   iShares FinTech Active ETF
BMED   BlackRock Future Health ETF   iShares Health Innovation Active ETF
BTHM1   BlackRock Future U.S. Themes ETF   iShares U.S. Thematic Rotation Active ETF
BLCR   BlackRock Large Cap Core ETF   iShares Large Cap Core Active ETF
BGRO   BlackRock Large Cap Growth ETF   iShares Large Cap Growth Active ETF
 
1 
Effective October 10, 2024, together with the name change, the ticker for BlackRock Future U.S. Themes ETF will change from “BTHM” to “THRO”.
Ticker   Current Fund Name   New Fund Name
BLCV   BlackRock Large Cap Value ETF   iShares Large Cap Value Active ETF
BELT   BlackRock Long-Term U.S. Equity ETF   iShares Long-Term U.S. Equity Active ETF
DYNF   BlackRock U.S. Equity Factor Rotation ETF   iShares U.S. Equity Factor Rotation Active ETF
INRO   BlackRock U.S. Industry Rotation ETF   iShares U.S. Industry Rotation Active ETF
BINC   BlackRock Flexible Income ETF   iShares Flexible Income Active ETF
CLOA   BlackRock AAA CLO ETF   iShares AAA CLO Active ETF
HYMU   BlackRock High Yield Muni Income Bond ETF   iShares High Yield Muni Income Active ETF
BRTR   BlackRock Total Return ETF   iShares Total Return Active ETF
BRLN   BlackRock Floating Rate Loan ETF   iShares Floating Rate Loan Active ETF
CALY2   BlackRock Short-Term California Muni Bond ETF   iShares Short-Term California Muni Active ETF
INMU   BlackRock Intermediate Muni Income Bond ETF   iShares Intermediate Muni Income Active ETF
BRHY   BlackRock High Yield ETF   iShares High Yield Active ETF
NEAR   BlackRock Short Duration Bond ETF   iShares Short Duration Bond Active ETF
MEAR   BlackRock Short Maturity Municipal Bond ETF   iShares Short Maturity Municipal Bond Active ETF
ICSH   BlackRock Ultra Short-Term Bond ETF   iShares Ultra Short-Term Bond Active ETF
 
2 
Effective October 10, 2024, together with the name change, the ticker for BlackRock Short-Term California Muni Bond ETF will change from “CALY” to “CALI”.
If you have any questions, please call 1‑800‑iShares (1‑800‑474‑2737).
iShares® is a registered trademark of BlackRock Fund Advisors and its affiliates.
Shareholders should retain this Supplement for future reference.
 
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