BlackRock Quarterly Report: Bitcoin ETF Sees 366% Surge in Q2 Inflows
Asset management giant BlackRock released its quarterly report, disclosing that inflows for its Bitcoin ETF IBIT surged 366% in the second quarter, reaching $14 billion, up from $3 billion in the previous quarter.
Additionally, cryptocurrency inflows accounted for 16.5% of BlackRock's total ETF inflows of $85 million in the second quarter, showing significant growth compared to just under 3% in Q1 2025. However, BlackRock's total inflows decreased by 19%, falling from $84 billion in Q1 to $68 billion in Q2.
As of June 30, digital assets generated $40 million in base fees, approximately 1% of BlackRock's long-term revenue. This figure represents an 18% increase from $34 million in Q1.