Strong Growth in Digital Asset Products
BlackRock, the world’s largest asset manager, saw $3 billion in inflows into its cryptocurrency asset products during the first quarter of 2025. This growth contributes to a total of $84 billion in net inflows for the quarter, with BlackRock’s assets under management (AUM) growing by 3% year-over-year.
Digital Assets Still a Small Portion of AUM
Although BlackRock’s crypto-related products have seen significant interest, digital assets still represent only about 0.5% of the firm’s total AUM, which stands at $11.6 trillion. This indicates that while the growth is notable, cryptocurrency remains a niche part of BlackRock’s broader investment portfolio.
Revenue from Crypto Products
In addition to the inflows, BlackRock earned $34 million in advisory and administration fees from its digital asset products in Q1. However, this figure is less than 1% of its overall long-term revenue.
Growing Influence in the Crypto Market
These results highlight BlackRock’s expanding role in the digital asset space, reflecting the increasing interest from investors in cryptocurrency-related investment opportunities. The firm’s involvement signals a significant shift towards mainstream financial institutions becoming more deeply integrated into the crypto market.