04-12-2025, 01:06 AM
BlackRock reports $3B in digital asset inflows during Q1
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjI0NzQtZTg4ZS03NDhkLThkYmEtODkzYTU3YzVmMWFj.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjI0NzQtZTg4ZS03NDhkLThkYmEtODkzYTU3YzVmMWFj.jpg" alt="BlackRock reports $3B in digital asset inflows during Q1"></p><p>BlackRock, the world’s largest asset manager with $11.6 trillion in assets under management, reported $84 billion in total net inflows in the first quarter of 2025, marking a 3% annualized growth in assets under management.<p>The firm’s strong performance was led by a record first quarter for iShares exchange-traded funds (ETFs) alongside continued strength in private markets and net inflows, <a data-ct-non-breakable="null" href="https://s24.q4cdn.com/856567660/files/doc_financials/2025/Q1/BLK-1Q25-Earning-Release.pdf" rel="nofollow noopener" target="_blank" text="null" title="https://s24.q4cdn.com/856567660/files/doc_financials/2025/Q1/BLK-1Q25-Earning-Release.pdf">according</a> to BlackRock’s Q1 earnings released on April 11.</p><p>Of the $107 billion in net inflows to iShares ETFs, $3 billion, or 2.8% of the total ETF inflows, was directed to digital asset products in Q1, BlackRock said.</p><figure><img alt="Bitcoin ETF, BlackRock, ETF, Companies" src="https://s3.cointelegraph.com/uploads/2025-04/01962480-d6da-7f6b-b5d8-469ca8c0f4a2" title=""><figcaption style="text-align: center;"><p><em>BlackRock’s net flow data in Q1 2025 (in billions of US dollars). Source: BlackRock</em></p></figcaption></figure><p>Alternative investments also played a significant role in Q1, with private market inflows totaling $9.3 billion.</p><h2>Digital assets remain small segment</h2><p>As of March 31, digital assets accounted for $34 million in base fees or less than 1% of BlackRock’s long-term revenue.</p><p>By the end of the first quarter, BlackRock’s total digital assets under management amounted to $50.3 billion, which represents about 0.5% of the firm’s $11.6 trillion in total assets under management.</p><figure><img src="https://s3.cointelegraph.com/uploads/2025-04/01962480-57fd-775a-a19e-2dc6707dcfc2" title="" alt="BlackRock reports $3B in digital asset inflows during Q1"><figcaption style="text-align: center;"><p><em>BlackRock’s business results in Q1 2025 (in millions of US dollars). Source: BlackRock</em></p></figcaption></figure><p>BlackRock’s financial results suggest that digital assets still make up a modest share of the company’s business.</p><p>Despite that, BlackRock’s $3 billion in digital asset inflows is notable given <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-etp-shed-240-million-us-trade-tariffs-coinshares" rel="" target="_self" text="null" title="https://cointelegraph.com/news/crypto-etp-shed-240-million-us-trade-tariffs-coinshares">widespread liquidations in the Bitcoin ETF market</a> earlier this year. The company’s figures suggest that investor interest in crypto-backed ETFs remains steady.</p><h2>Base fee growth shows “best start to a year since 2021,” CEO says</h2><p>Despite BlackRock recording a 70% drop in net inflows in the first quarter of 2025 <a data-ct-non-breakable="null" href="https://s24.q4cdn.com/856567660/files/doc_financials/2024/Q4/BLK-4Q24-Earning-Release.pdf" rel="nofollow noopener" target="_blank" text="null" title="https://s24.q4cdn.com/856567660/files/doc_financials/2024/Q4/BLK-4Q24-Earning-Release.pdf">compared</a> to the previous quarter, with inflows falling from $281 billion in Q4 2024 to $84 billion, <a data-ct-non-breakable="null" href="https://cointelegraph.com/learn/articles/larry-fink" rel="null" target="null" text="null" title="null">BlackRock CEO Larry Fink</a> pointed to the company’s solid fee growth as a major indicator of success.</p><p>“We delivered 6% organic base fee growth in the first quarter, representing our best start to a year since 2021 and secular strength against a complex market backdrop,” Fink said in the report.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-dominance-dollar-blackrock-larry-fink" rel="" target="_self" text="null" title="https://cointelegraph.com/news/bitcoin-dominance-dollar-blackrock-larry-fink"><em><strong>Bitcoin could reduce dominance of US dollar — BlackRock</strong></em></a></p><p>Fink also mentioned that the company is focused on helping clients navigate market and policy changes while also providing insights on “long-term structural growth opportunities,” adding:</p><blockquote>“The goal for us is to keep our clients focused on the long-term, and help them achieve any near-term allocation or liquidity changes they need within the BlackRock platform.”</blockquote><p>While BlackRock saw $3 billion in crypto asset inflows in Q1 2025, some other Bitcoin ETF issuers have suffered massive outflows.</p><figure><img alt="Bitcoin ETF, BlackRock, ETF, Companies" src="https://s3.cointelegraph.com/uploads/2025-04/019624a2-7fcc-7de8-8b72-44a1afdc2d45" title=""><figcaption style="text-align: center;"><p><em>Flows by issuer (in millions of US dollars). Source: CoinShares</em></p></figcaption></figure><p><a data-ct-non-breakable="null" href="https://blog.coinshares.com/volume-228-digital-asset-fund-flows-weekly-report-7fc3c10911d8" rel="nofollow noopener" target="_blank" text="null" title="https://blog.coinshares.com/volume-228-digital-asset-fund-flows-weekly-report-7fc3c10911d8">According</a> to CoinShares data, Grayscale saw roughly $1.4 billion in outflows from its crypto ETFs year-to-date as of April 4.</p><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/bitcoin-price-prediction-crypto-investor-spacex-mission-arthur-hayes-hodlers-digest/" rel="null" target="null" text="null" title="null"><em><strong>Bitcoin heading to $70K soon? Crypto baller funds SpaceX flight: Hodler’s Digest, March 30 – April 5</strong></em></a></p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template><p> <br></p><p><br></p></p>
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https://cointelegraph.com/news/blackrock...er_inbound
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjI0NzQtZTg4ZS03NDhkLThkYmEtODkzYTU3YzVmMWFj.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjI0NzQtZTg4ZS03NDhkLThkYmEtODkzYTU3YzVmMWFj.jpg" alt="BlackRock reports $3B in digital asset inflows during Q1"></p><p>BlackRock, the world’s largest asset manager with $11.6 trillion in assets under management, reported $84 billion in total net inflows in the first quarter of 2025, marking a 3% annualized growth in assets under management.<p>The firm’s strong performance was led by a record first quarter for iShares exchange-traded funds (ETFs) alongside continued strength in private markets and net inflows, <a data-ct-non-breakable="null" href="https://s24.q4cdn.com/856567660/files/doc_financials/2025/Q1/BLK-1Q25-Earning-Release.pdf" rel="nofollow noopener" target="_blank" text="null" title="https://s24.q4cdn.com/856567660/files/doc_financials/2025/Q1/BLK-1Q25-Earning-Release.pdf">according</a> to BlackRock’s Q1 earnings released on April 11.</p><p>Of the $107 billion in net inflows to iShares ETFs, $3 billion, or 2.8% of the total ETF inflows, was directed to digital asset products in Q1, BlackRock said.</p><figure><img alt="Bitcoin ETF, BlackRock, ETF, Companies" src="https://s3.cointelegraph.com/uploads/2025-04/01962480-d6da-7f6b-b5d8-469ca8c0f4a2" title=""><figcaption style="text-align: center;"><p><em>BlackRock’s net flow data in Q1 2025 (in billions of US dollars). Source: BlackRock</em></p></figcaption></figure><p>Alternative investments also played a significant role in Q1, with private market inflows totaling $9.3 billion.</p><h2>Digital assets remain small segment</h2><p>As of March 31, digital assets accounted for $34 million in base fees or less than 1% of BlackRock’s long-term revenue.</p><p>By the end of the first quarter, BlackRock’s total digital assets under management amounted to $50.3 billion, which represents about 0.5% of the firm’s $11.6 trillion in total assets under management.</p><figure><img src="https://s3.cointelegraph.com/uploads/2025-04/01962480-57fd-775a-a19e-2dc6707dcfc2" title="" alt="BlackRock reports $3B in digital asset inflows during Q1"><figcaption style="text-align: center;"><p><em>BlackRock’s business results in Q1 2025 (in millions of US dollars). Source: BlackRock</em></p></figcaption></figure><p>BlackRock’s financial results suggest that digital assets still make up a modest share of the company’s business.</p><p>Despite that, BlackRock’s $3 billion in digital asset inflows is notable given <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-etp-shed-240-million-us-trade-tariffs-coinshares" rel="" target="_self" text="null" title="https://cointelegraph.com/news/crypto-etp-shed-240-million-us-trade-tariffs-coinshares">widespread liquidations in the Bitcoin ETF market</a> earlier this year. The company’s figures suggest that investor interest in crypto-backed ETFs remains steady.</p><h2>Base fee growth shows “best start to a year since 2021,” CEO says</h2><p>Despite BlackRock recording a 70% drop in net inflows in the first quarter of 2025 <a data-ct-non-breakable="null" href="https://s24.q4cdn.com/856567660/files/doc_financials/2024/Q4/BLK-4Q24-Earning-Release.pdf" rel="nofollow noopener" target="_blank" text="null" title="https://s24.q4cdn.com/856567660/files/doc_financials/2024/Q4/BLK-4Q24-Earning-Release.pdf">compared</a> to the previous quarter, with inflows falling from $281 billion in Q4 2024 to $84 billion, <a data-ct-non-breakable="null" href="https://cointelegraph.com/learn/articles/larry-fink" rel="null" target="null" text="null" title="null">BlackRock CEO Larry Fink</a> pointed to the company’s solid fee growth as a major indicator of success.</p><p>“We delivered 6% organic base fee growth in the first quarter, representing our best start to a year since 2021 and secular strength against a complex market backdrop,” Fink said in the report.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-dominance-dollar-blackrock-larry-fink" rel="" target="_self" text="null" title="https://cointelegraph.com/news/bitcoin-dominance-dollar-blackrock-larry-fink"><em><strong>Bitcoin could reduce dominance of US dollar — BlackRock</strong></em></a></p><p>Fink also mentioned that the company is focused on helping clients navigate market and policy changes while also providing insights on “long-term structural growth opportunities,” adding:</p><blockquote>“The goal for us is to keep our clients focused on the long-term, and help them achieve any near-term allocation or liquidity changes they need within the BlackRock platform.”</blockquote><p>While BlackRock saw $3 billion in crypto asset inflows in Q1 2025, some other Bitcoin ETF issuers have suffered massive outflows.</p><figure><img alt="Bitcoin ETF, BlackRock, ETF, Companies" src="https://s3.cointelegraph.com/uploads/2025-04/019624a2-7fcc-7de8-8b72-44a1afdc2d45" title=""><figcaption style="text-align: center;"><p><em>Flows by issuer (in millions of US dollars). Source: CoinShares</em></p></figcaption></figure><p><a data-ct-non-breakable="null" href="https://blog.coinshares.com/volume-228-digital-asset-fund-flows-weekly-report-7fc3c10911d8" rel="nofollow noopener" target="_blank" text="null" title="https://blog.coinshares.com/volume-228-digital-asset-fund-flows-weekly-report-7fc3c10911d8">According</a> to CoinShares data, Grayscale saw roughly $1.4 billion in outflows from its crypto ETFs year-to-date as of April 4.</p><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/bitcoin-price-prediction-crypto-investor-spacex-mission-arthur-hayes-hodlers-digest/" rel="null" target="null" text="null" title="null"><em><strong>Bitcoin heading to $70K soon? Crypto baller funds SpaceX flight: Hodler’s Digest, March 30 – April 5</strong></em></a></p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template><p> <br></p><p><br></p></p>
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https://cointelegraph.com/news/blackrock...er_inbound