The seven-member group ranked No. 19 among the 25 most influential pop stars of the 21st century.
"When you think of what it takes for a group to become pop stars, imagine having seven individual talents who can each do it all well: sing, rap, dance, and amass a love and fandom that even some of the biggest pop stars could only dream of," the American music and entertainment magazine said on Tuesday.
"From creating a global community to expanding K-pop well outside of its genre and delivering seven successful pop star solo acts, BTS truly paved the way," it added.
Since last month, Billboard has been unveiling the list, featuring two new stars each week.