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BlackRock’s crypto inflows jump 370% in Q2 while net flows slump

2025-07-15 12:03:44

Main Idea

BlackRock's crypto fund inflows surged 370% in Q2 2025, accounting for 16.5% of total ETF inflows, despite an overall decline in total inflows.

Key Points

1. BlackRock's Q2 crypto ETF inflows rose to $14 billion, up from $3 billion in Q1 2025, a 366% increase.

2. Crypto inflows represented 16.5% of BlackRock's total Q2 ETF inflows, up from just under 3% in Q1.

3. Total inflows for BlackRock declined by 19%, falling from $84 billion to $52 billion in Q2.

4. Digital assets generated $40 million in base fees, about 1% of BlackRock's long-term revenue, an 18% increase from Q1.

5. BlackRock CEO Larry Fink noted record flows for iShares ETFs and highlighted technology ACV growth reaching 16%.

Description

BlackRock’s Q2 inflows into crypto funds accounted for 16.5% of all the total ETF inflows, marking a massive increase from just 2.8% in Q1 2025.

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