#USCryptoWeek

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

BlackRock the world’s largest asset manager with $11.5 trillion in assets under management reported a massive increase in cryptocurrency fund inflows in the second quarter of 2025

According to BlackRock’s quarterly earnings released on Tuesday, Q2 inflows into its crypto iShares exchange-traded funds (ETFs) surged 366% to $14 billion up from $3 billion in the previous quarter

The crypto inflows accounted for 16.5% of BlackRock’s total Q2 ETF inflows of $85 million, marking notable growth from just below 3% in Q1 2025

Still BlackRock total inflows declined 19% falling from $84 billion in Q1 to $68 billion in Q2

The decline reflected the impact of a single institutional client’s $52 billion lower-fee index partial redemption BlackRock said

Digital assets still account for 1% of base fees

As of June 30 digital assets generated $40 million in base fees representing about 1% of BlackRock’s long-term revenue

This figure reflects an 18% increase from $34 million in Q1

While digital assets account for just 1% of base fees their rapid growth signals increasing revenue contribution potential

BlackRock noted in the update