BlackRock’s Bitcoin ETF Inflows Surge in Q2 2025, Suggesting Growing Interest Amid Overall Fund Decline

Key Points

1. BlackRock reported a 366% increase in inflows to its cryptocurrency-focused iShares ETFs, rising from $3 billion in Q1 to $14 billion in Q2 2025.

2. The $14 billion crypto ETF inflows made up 16.5% of BlackRock’s total ETF inflows of $85 billion, a sharp increase from 2.8% in Q1.

3. Digital assets contributed $40 million in base fees in Q2 2025, up 18% from $34 million in Q1, though still only about 1% of total base fees.

4. BlackRock’s CEO highlighted the trend as part of the firm’s commitment to expanding digital asset offerings.

5. The surge in crypto ETF inflows signals growing institutional interest in digital assets despite broader market volatility.