BlackRock saw a massive influx into its crypto ETF products in Q2 2025, with inflows reaching $14 billion — more than quadrupling the $3 billion recorded in the previous quarter.
This surge made digital assets one of the fastest-growing areas within the firm, accounting for 16.5% of total ETF inflows during the quarter.
Despite this crypto momentum, BlackRock’s overall ETF inflows dropped to $68 billion, down from $84 billion in Q1. The firm cited a single institutional client’s $52 billion partial redemption as the main reason for the decline.
Revenue from digital asset products rose to $40 million, still just 1% of BlackRock’s base fees, but the growth rate suggests the category could soon play a larger role in its long-term strategy.
CEO Larry Fink pointed to a wave of new investors driven by products like IBIT — BlackRock’s spot Bitcoin ETF — and emphasized that digital assets are helping the company tap into a more global and younger client base.
Crypto funds across the market also saw increased inflows in Q2, buoyed by a 25% rise in Bitcoin’s price and growing confidence in regulated investment vehicles.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/blackrock-crypto-etf-inflows-skyrocket-amid-broader-decline/