š¢ BlackRock records $3 billion inflow into digital assets ā interest remains high
⢠In the first quarter of 2025, BlackRock reported a $3 billion inflow into digital assets ā despite an overall decline in global flows.
⢠This brought the company $34 million in baseline profit, which currently accounts for less than 1% of total long-term revenue.
⢠The total assets under management reached $11.6 trillion, with an annual growth of 3%.
⢠According to CEO Larry Fink, this is "the best start to the year since 2021" ā even amid a challenging market situation.
Yes, the figure is modest by the standards of a giant ā but cryptocurrency is increasingly securing its place in the portfolios of the largest managers.
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