BlackRock Reports 83% Drop in Bitcoin and Ether ETF Inflows to $3 Billion
BlackRock reported a significant decline in net inflows into its spot bitcoin and ether ETFs for Q1 2025. Key points include:
- Investors contributed $3 billion to BlackRock's digital asset-focused ETFs, an 83% drop from the previous quarter.
- The first quarter inflow represents 2.8% of total inflows into BlackRock’s iShares ETFs.
- BlackRock managed approximately $50.3 billion in digital assets, accounting for about 0.5% of its total assets exceeding $10 trillion.
- Digital asset ETFs generated $34 million in base fees, less than 1% of BlackRock’s long-term revenue.
- Overall, iShares experienced a 70% drop in inflows, falling to $84 billion from $281 million.