The screen-capture image shows Beyoncé looking lovingly at the now-13-month-old Blue as Beyoncé holds her up for the camera.
This is the public's first up-close shot of Blue since the famous mom released photos of her as a newborn early last year. It is also the first up-close shot of Blue's face since last summer, when Blue was six-months-old.
Upon the photo's release, comparison shots of Blue next to an image of Beyoncé (when she was a baby) show that they both have similar-looking dark eyes.
Blue Carter's parents have been protective of her, tending to shield her from cameras with a blanket when out in public.
Jay-Z notably shared a photo of Blue while the family vacationed in the Bahamas in January. Beyonce also shared a photo of her playing with Blue on the beach during a photo shoot where the baby's back was turned to the camera.
According to gossip website Necole Bitchie, Beyoncé revealed in a recent interview with E! News that she is doing all she can to protect her daughter and ensure she grows up normally.
"I think for [Gwyneth Paltrow and I], protecting our daughters is so important and … keeping things on our own terms, so I will still be protective and make sure [Blue Ivy] has a childhood and a great time," Beyoncé reportedly told E! News.
"At some point, you know it is what it is, you can’t control it anymore. But I know as long as I’m the mother that I know I can be and the mother I have -- such an incredible mother -- my daughter’s going to be fine."
Currently, little is known about Blue Ivy, but it is likely that fans will get even more intimate looks at the baby in "Life is But a Dream," which follows Beyoncé during her pregnancy, among many other aspects of the star's life.
In an interview for the upcoming March issue of Vogue, Beyoncé described her relationship with Blue by saying, “She’s my road dog. She’s my homey, my best friend.”
She also told Vogue that it is "very important" to her that Blue experiences regular childhood things, like school visits and lemonade stands.
Ed Burke, who co-directed "Life is But a Dream" with Beyoncé, spoke about Blue Ivy on the red carpet at the documentary's debut in New York City on Thursday, describing the one-year-old as an old soul.
“I’ve played with Blue Ivy. When she’s around, I end up shooting her more than Beyoncé. She’s just a really funny, beautiful little child," Burke said.
In her interview for "Oprah's Next Chapter" that also airs on Saturday, Beyoncé revealed that the documentary is titled "Life is But a Dream" because "Row, Row, Row Your Boat" is Blue Ivy's favorite song.