Inflows Into BlackRock Digital Asset Products Declined 83% in Q1 To $3B

In no shock given the lame crypto worth motion in the primary quarter of 2025, BlackRock (BLK) posted a large droop in internet inflows into its spot bitcoin (BTC) and ether (ETH) ETFs.

In all, traders put $3 billion into BlackRock’s digital asset-focused ETFs in the primary three months of the yr, in line with the corporate’s first quarter incomes report. That’s an 83% drop from what was an enormous influx quantity in the fourth quarter as costs and sentiment shot larger alongside the Trump election victory.

Taken alone, the primary quarter quantity nonetheless indicators robust demand for crypto-linked funds, at the same time as costs deteriorated.

That $3 billion represents 2.8% of the whole inflows into BlackRock’s mammoth iShares ETFs in the primary quarter, which additionally embrace energetic, core fairness, and strategic funds, amongst smaller classes. BlackRock at quarter’s finish managed roughly $50.3 billion in digital property, or about 0.5% of its complete property of greater than $10 trillion.

Digital asset ETFs accounted for $34 million in base charges, or lower than 1% of the corporate’s long-term income.

The decline in bitcoin and ether ETF inflows final quarter got here alongside a 70% quarterly fall in iShares’ total inflows to $84 billion from $281 million as world markets tried to navigate the altering macroeconomic atmosphere underneath President Trump.